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Reuters: Evans says Fed needs to mimic below-zero rates

Started by chris, January 04, 2009, 06:02:22 PM

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chris

Evans says Fed needs to mimic below-zero rates
      


SAN FRANCISCO (Reuters) - A grim economic outlook highlights the need for the Federal Reserve to step up quantitative measures to boost growth, with official interest rates already effectively at zero, Charles Evans, president of the Chicago Fed, said on Saturday.<div class="feedflare">
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