The Fed Can’t Do It All, Says Alan Blinder

The former Federal Reserve vice chairman says he approves of how the Fed is responding to the economic and financial havoc wrought by the coronavirus

Alan Blinder knows a thing or two about the Federal Reserve, having served as vice chairman from 1994 to 1996 and as a member of President Clinton’s Council of Economic Advisers before that.

香蕉视频苹果下载He approves of how the Fed is responding to the economic and financial havoc wrought by the coronavirus. But, says Mr. Blinder, people must understand that the U.S. central bank alone can’t solve the current crisis.

The...