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Forex News: Fed's Hoenig on the wires

Posted by Greg Michalowski on Fri, 03/07/2008 - 3:17pm in
  • MONETARY POLICY HAS `SIGNIFICANT LIMITATIONS'
  • `TOO MUCH BURDEN' ON RATE POLICY TO FIX ECONOMY
  • CALLS FOR `SWEEPING CHANGES' IN BANK REGULATION
  • SEES LONGER-TERM `CONSECUENCES' OF RELIANCE ON RATES
  • FED SHOULD `CONSIDER' MAKING TAF PERMANENT