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Real Estate & Property Law
: Housing WireFed?s Bullard: The End of Monetary Policy
By PAUL JACKSON
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The chief of the Federal Reserve Bank of St. Louis thinks monetary policy as we know it is dead. Gone. Kaput. No longer alive, after the Fed recently targeted an effective federal funds rate of zero to 0.25 percent in its most recent policy statement on Dec. 16.
“The fact is, monetary policy defined as movements [...]Full post as published by Housing Wire on January 06, 2009 (boomark / email).
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