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The Fed s Response In a statement on October 20 1987 Fed Chairman Alan Greenspan said The Federal Reserve consistent with its responsibilities as the Nation s central bank affirmed today its readiness to serve as a source of liquidity to support the economic and financial system Carlson 2006 10 Behind the scenes the Fed…

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or announcement of the program appears to have lowered spreads we find no separate effect of the size of the stock of MBS purchased by the Fed …

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May 07 2019 nbsp 0183 32I m disappointed I had to withdraw from the nomination to be a member of the Federal Reserve Board because I do believe the Fed needs to change the way it operates In the last month I started investigating how it makes its decisions which have such a dramatic impact on jobs wages interest rates and the overall wellbeing of the country …

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