# Dean Peter Henry weighs in on the powers of central banks

1 Faculty News August 29, 2016 ![The Washington Post logo](/sites/default/files/styles/246w/public/assets/images/con_031074.jpg?itok=f6OME_Rm)>

Excerpt from [The Washington Post](https://www.washingtonpost.com/news/wonk/wp/2016/08/29/the-federal-reserve-is-debating-how-to-fight-the-next-recession/) -- "'I think central banks have to be very careful not to overreach,' said [Peter Blair Henry](http://www.stern.nyu.edu/faculty/bio/peter-henry), dean of New York University’s Stern School of Business. 'Central banks are really very limited.'"

[Read more](https://www.washingtonpost.com/news/wonk/wp/2016/08/29/the-federal-reserve-is-debating-how-to-fight-the-next-recession/)