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International Law

: Law of the EMU and euro

The Fed's dual mission impossible

By Atilla Arda

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In 1977, Congress gave the Federal Reserve a "dual mandate." Although the central bank is a creature of Congress, it is, in trying to fulfill this mandate, becoming a fourth branch of government. via www.washingtonpost.com

Full post as published by Law of the EMU and euro on November 19, 2010 (boomark / email).

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