# In an interview, Dean Peter Henry discusses Fed policy from the Kansas City Fed's Economic Symposium in Jackson Hole

1 Faculty News August 26, 2016 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg TV](http://www.bloomberg.com/news/videos/2016-08-26/nyu-s-henry-fiscal-policy-needs-to-step-up-to-drive-growth) -- "I think there's a strong view that monetary policy has done most of what it can on its own to really generate a recovery. Monetary policy has been really competent. I think there's a strong sense that we are awaiting for the fiscal side of the house, if you will, and for lawmakers to really step up and do what must be done."

[Watch the video](http://www.bloomberg.com/news/videos/2016-08-26/nyu-s-henry-fiscal-policy-needs-to-step-up-to-drive-growth)