# An interview with Prof. Kim Schoenholtz on the Fed's actions

1 Faculty News June 20, 2012 ![CNBC logo](/sites/default/files/styles/246w/public/assets/images/con_034412.gif?itok=MRidxYS3)>

Excerpt from [CNBC](http://video.cnbc.com/gallery/?video=3000097567&play=1) -- "I share the chairman's view. They're not really out \[of ammunition\], but they're cautious about using their most powerful tools. And they should be."

[Watch the video](http://video.cnbc.com/gallery/?video=3000097567&play=1)