The Undollar Digest

STEPHEN ROACH: WSJ Reporter Jon Hilsenrath Is The Chairman Of The Fed

Mamta Badkar 07/25/2012 www.businessinsider.com

Markets breathed a sigh of relief yesterday after the Wall Street Journal’s Jon Hilsenrath reported that the Fed was “moving closer” to more action.
Stephen Roach, Yale professor and former chairman of Morgan Stanley Asia, told Bloomberg TV that he does expect the Fed to act next week, so as not to disappoint the markets.
But he [...]


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