March 18 (Bloomberg) -- Carmen Reinhart, a professor at the University of Maryland School of Public Policy, talks with Bloomberg's Tom Keene about the Federal Reserve's response to the financial crisis.

Reinhart says the Fed is "well underway" to having used up monetary policy as a tool to pull the U.S. out of recession. (Source: Bloomberg)

Running time 30:36

-0- Mar/18/2009 18:36 GMT

Last Updated: March 18, 2009 14:36 EDT