Bloomberg News

Williams Says Fed Has Fewer Tools Now Versus 2008 Against Shocks

February 13, 2012

Feb. 13 (Bloomberg) -- The U.S. Federal Reserve has fewer tools against shocks now compared with 2008, John Williams, President of the Federal Reserve Bank of San Francisco, said in Claremont, California today.

To contact the reporter on this story: Aki Ito in San Francisco at

To contact the editor responsible for this story: Stephanie Phang at

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