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Friday, November 16, 2012 - 5:29 AM
Fed’s Plosser Says Current Policy Very Risky
From MarketWatch
The Federal Reserve’s efforts to buy up assets to bring down long-term interest rates and spur the economy is very risky, Charles Plosser, the president of the Philadelphia Federal Reserve Bank, said Thursday.It should be noted that Charles Plosser won't be a voting member in the FOMC until 2014.
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