Inside these posts: fed policy

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Paul Volcker presses for a more diligent Fed

Former Federal Reserve chairman Paul Volcker told international banking regulators gathered in Chicago today that the “financial system is broken,” and said more oversight is needed from governments nationally and internationally.

Chicago Fed’s Evans: Interest rates will stay low

Reuters | Low inflation and high unemployment in the United States justify the
Federal Reserve keeping benchmark interest rates ultra-low for “quite
some time”, Chicago Fed President Charles Evans said on Tuesday.

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