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Stanley Says Fed `Relatively Optimistic' on U.S. Economy

August 29, 2011 1:31 PM EDT Aug. 29 (Bloomberg) -- Stephen Stanley, chief economist at Pierpont Securities LLC, discusses the U.S. economy and Ben S. Bernanke's Aug. 26 speech at the Kansas City Fed's annual symposium in Jackson Hole, Wyoming. Stanley, speaking on Bloomberg Television's "InBusiness With Margaret Brenann," also discusses President Barack Obama's nomination of Alan Krueger to lead the White House Council of Economic Advisers. (Source: Bloomberg) (Bloomberg)

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