St Louis Fed's Poole - Whither Investment?

SPEECH - In the speech 'Whither Investment?' William Poole of the Federal Reserve Bank of St. Louis said questioned whether monetary policy can encourage investment spending in the current environment. In terms of risk premiums and incentives to postpone investment, monetary policy can contribute positively by avoiding inflation surprises both inflationary and deflationary, he said, which will help ensure that market risk premiums are not elevated by an unnecessary inflation.

Source: Federal

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