Fed may need permanently big balance sheet, Williams says

http://www.reuters.com/article/2015/11/21/us-usa-fed-williams-naturalrate-idUSKCN0TA0TT20151121#t5l9HEuW4Xiwt9yF.97

The U.S. Federal Reserve and other global central banks may need to consider new tools in a world of permanently lower interest rates, including keeping big balance sheets or using negative interest rates to combat shocks, a top Fed official said on Saturday.'' -- So much for Bernanke's 2009 "we have an exit strategy" claim...

" New tools " a hedonistic word for PRINT!..