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Reuters: Fed's Hoenig: keeping dollar value key despite crisis

Started by chris, September 30, 2008, 08:00:27 AM

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chris

Fed's Hoenig: keeping dollar value key despite crisis
      


GERING, Nebraska (Reuters) - The Kansas City Federal Reserve Bank president said the Fed must stay focused longer term on holding down inflation to protect the dollar's value even though financial market turmoil is creating a sense that the "sky is falling."
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