Dudley cites risks in wholesale funding markets, urges changes

(Reuters) - The short-term U.S. wholesale funding market remains vulnerable to runs and other crisis-era risks and must be made more stable, an influential Federal Reserve official said on Wednesday.

Fed stands pat but says will act if needed

(Reuters) - Federal Reserve Chairman Ben Bernanke on Wednesday said U.S. monetary policy was "more or less in the right place" even though the central bank would not hesitate to launch another round of bond purchases if the economy were to weaken.

Blinder discusses solutions to worldwide economic ‘mess’

Economics professor Alan Blinder ’67 presented a public lecture on the economic downturn and potential recovery on Monday night titled “Storm Clouds Rising: Are There Ways Out.”