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Letter "A" » Alfred Broaddus Quotes
«There was a view that by not telling a lot ... the Fed could surprise and, therefore, have a greater effect on markets, We don't think in those terms at all.»
«Fed participation in foreign exchange intervention ... risks creating doubt over whether monetary policy will support domestic or external objectives, and this confusion can undermine the credibility of the Fed's commitment to low inflation.»
«With the economy operating at close to full capacity, it's important that the Fed be vigilant about the possibility of some acceleration in inflation.»

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