Bill Poole

As a former president of the Federal Reserve Bank of St. Louis, William Poole has a highly informed view of the Fed and the kinds of problems it has to grapple with. Right now, Poole says, the biggest challenge facing the U.S. economy is the "too-big-to-fail' issue." The government has taken on an...

The Federal Reserve this week again pledged to keep interest rates close to zero, which means borrowing money remains cheap for banks. What, though, does it mean for U.S. stocks and economy? "Interest rates are artificially low," said Michael Pento, chief economist at Delta Global Advisors in...