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Real Estate & Property Law

: Housing Wire

Fisher Backs Fed Purchases of Long-term Securities

By KELLY CURRAN

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The Federal Reserve should buy long-term Treasury securities, said President of the Dallas Federal Reserve, Richard Fisher, on Monday. “I assure you the Federal Reserve has not abandoned the wisdom of Milton Friedman or Walter Bagehot or any of the other established patron saints of central banking,” Fisher said in a speech at Harvard University. “But [...]

Full post as published by Housing Wire on February 24, 2009 (boomark / email).

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