The Federal Reserve is pulling all the policy levers it can to kick-start the economy and catalyze job creation. It's launched QEI, QEII and Operation Twist. It's been telling the markets where rates will be for the next two years and submitting white papers to Congress regarding the housing market. Just how effective are these measures? With foreign governments sitting on trillions of U.S. dollar reserves, are there limits to the effectiveness of Fed policy actions? Is the Fed's dual mandate a mandate too many? Does the intended positive effect of near-zero rates compensate for the adverse impact on pensions, households on fixed incomes and global currency stability?
Global Conference 2013
Former Prime Minister Tony Blair, philanthropist Bill Gates and Strive Masiyiwa of Econet Wireless discuss advancing prosperity in Africa.
