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Reuters: Fisher admits Fed missed oncoming crisis

Started by chris, March 26, 2009, 07:59:17 PM

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chris

Fisher admits Fed missed oncoming crisis
      
   
      


DAYTON, Ohio (Reuters) - The Federal Reserve failed to spot the global financial crisis ahead of time, but its aggressive rescue efforts should soon stem the decline in growth, Dallas Fed President Richard Fisher said on Thursday.<div class="feedflare">
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