Former Federal Reserve Chairman Paul Volcker is worried that the Fed is being asked to "do too much."
NEW YORK (CNNMoney)
The Federal Reserve has been asked to "do too much" to heal the U.S. economy and "will inevitably fall short," former Fed Chairman Paul Volcker cautioned Wednesday.
Speaking before the Economic Club of New York, Volcker said the Fed's independence and credibility are at stake, as the central bank engages in unprecedented stimulus efforts.
