The Federal Reserve Act requires that monetary policy promote maximum employment, stable prices and moderate long-term interest rates. Happily, in this instance, congressional intent is also sound monetary policy.
Njuguna Ndung’u: East Africa – focus on risk, corporate governance, anti-money laundering and other challenges Remarks by Prof Njuguna Ndung’u, Governor of the Central Bank of Kenya, at the East Africa Risk and Governance Summit, Nairobi, 13 May 2014.