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Fed Considered Long-Term Rate Target in Secret
Robin Harding, www.ft.com, 11/23/2010
The US Federal Reserve considered a radical change to its monetary policy at an unannounced meeting in mid-October that could have committed it to buying an unlimited amount of securities, according to the minutes of its November meeting.
At the October 15 meeting, held by video conference, the Fed discussed whether it [...]
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