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Rates were too low: Taylor

Tue 10 Dec 13 | 07:44 PM ET
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Rates were too low: Taylor

Tue 10 Dec 13 | 07:44 PM ET
Former Federal Reserve chairman Alan Greenspan, and John Taylor, former U.S Treasury Undersecretary, debate short and long-term rates under Greenspan's Fed. There was a high correlation between short and long-term rates before 2003, defends Greenspan.

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Economy (U.S.)
 
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