WASHINGTON (Reuters) - A stronger policy to make banks reduce dividend payouts in times of stress may help shield the economy from credit shortage shocks, Boston Federal Reserve Bank President Eric Rosengren said on Sunday.
Reuters: Top News, Reuters
Sun, 10/10/2010 - 2:46pm
WASHINGTON (Reuters) - A stronger policy to make banks reduce dividend payouts in times of stress may help shield the economy from credit shortage shocks, Boston Federal Reserve Bank President Eric Rosengren said on Sunday.