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Fed Comes Under Fire Again

Posted By Barry Ritholtz On May 11, 2004 @ 10:04 am In Finance | Comments Disabled

GS

Goldman Sachs strategist Bill Dudley to the Fed: Tighten already!

Market participants have already lost confidence in the monetary authorities. A failure by the FOMC to tighten in June would exacerbate the issue of Fed credibility.”

Agreed . . .

Source: Dow Jones
05/11 8:25A (DJ) DJ MARKET TALK: Fed Comes Under Fire Again


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