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The Fed's New Policy

Thu 13 Dec 12 | 06:03 AM ET
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The Fed's New Policy

Thu 13 Dec 12 | 06:03 AM ET
Dino Kos, former NY Federal Reserve executive vp, discusses the Fed's decision to peg rates to unemployment; and add $45 billion in monthly Treasury purchases, on top of $40 billion in MBS. This is now the new standard, Kos says.
 
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