More from Fed nominee Goodfriend: Inflation is slowly rising. Fed on right path

Author: Greg Michalowski | Category: Central Banks

Fed nominee on Capitol Hill

He adds:
  • Backs BOJ efforts to keep monetary stimulus in place
  • QE1 and QE2 were okay to do. QE3 wasn't called for
  • Appropriateness of QE depends on circumstances
  • Does not believe too big to fail banks still exist