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Home>The Fed’s “X” Factor

The Fed’s “X” Factor

Perspectives Content Submission

Thu, 20 Sep 2012

The most surprising element in last week’s Federal Reserve (Fed) decision was not the announcement of Mortgage Backed Securities (MBS) purchases or the extension of its funds rate guidance to “mid-2015,” both of which were signaled fairly clearly in advance. Rather, it was the fact that the aggress

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