Forex News: Fed's Hoenig on the wires

MONETARY POLICY HAS `SIGNIFICANT LIMITATIONS'
`TOO MUCH BURDEN' ON RATE POLICY TO FIX ECONOMY
CALLS FOR `SWEEPING CHANGES' IN BANK REGULATION
SEES LONGER-TERM `CONSECUENCES' OF RELIANCE ON RATES
FED SHOULD `CONSIDER' MAKING TAF PERMANENT