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

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

Central Banks
Greg Michalowski
23/01/2018 | 16:18 GMT

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
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