Is Monetary Policy the Right Tool to Address Financial Stability Risks?

i'm very focused on th imean, the risk. I don't think i've not seen any evidence that monetary policy is the right tool to address financial stability risks. Think about the tack bubble bursting in two thousand two thousand one: That was clearly a bubble. It burst. It didn't lead to a deep recession. It led to a very mild recession. And so if we have to be very careful about saying, we're going to use monetary policy to try to rein in wall street. The pursuit is on, the pursuit of out performance. At pejam, the investment management business of prudential,. We steer actively managing investments in global markets with resources to serve 15 hundred