Campaign for Liberty
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Posted: 27 Jan 2012 09:45 AM PST
Member Posts
“I do not believe economic conditions are likely to warrant an exceptionally low federal funds rate for so long,” [Federal Reserve Bank of Richmond President Jeffry] Lacker said in a statement on the Richmond Fed’s website explaining his dissent from the central bank’s Jan. 25 decision to pledge keeping its benchmark interest rate near zero “at least through late 2014.”read more  |
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