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Gerald P. O'Driscoll, Jr.
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Blog Entries by Gerald P. O'Driscoll, Jr.

The Fed Surprises

Posted August 11, 2011 | 14:40:12 (EST)

The August 9th meeting of the Federal Open Market Committee -- the policymaking arm of the Fed -- was widely expected to be largely uneventful. It was anything but.

Instead, the Fed issued a press release in the aftermath of the meeting that caught even its closest watchers...

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