Reuters: Fed should focus on monetary policy: Fed, Treasury statement

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Fed should focus on monetary policy: Fed, Treasury statement
      
   
      

WASHINGTON (Reuters) - Despite the recent wave of unconventional moves to help stabilize the U.S. economy, the Federal Reserve must maintain its independence and focus on the stability of the economy as a whole, rather than specific sectors or types of institutions, the Fed and the U.S. Treasury said in an unusual joint statement on Monday.<div class="feedflare">
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