Ex-Fed Governor Olson Says Operation Twist Not a Panacea

Ex-Fed Governor Olson Says Operation Twist Not a Panacea

Sep. 27, 2011
Sept. 27 (Bloomberg) -- Former Federal Reserve Governor Mark Olson talks about today's speech by Dallas Fed President Richard Fisher, the central bank's decision to push down longer-term interest rates and U.S. fiscal and economic policy. Fisher said the Fed's plan, dubbed Operation Twist, risks proving ineffective and may hurt job creation. Olson speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
Bloomberg
Correction: Clarification: