These events have been live-streamed on the internet. Last month, we hosted a research conference at the Federal Reserve Bank of Chicago to explore ways to more effectively and sustainably achieve our mandated goals. Beginning soon, the FOMC will devote time at its regular meetings to assessing the lessons from these events.
Furthermore, most African economies have not funded large current account deficits with short term external private borrowing. Hence they are not at risk of a capital account crisis, in contrast to some of the transition economies in Eastern Europe.