by CalculatedRisk on 11/28/2007 09:24:00 AM
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Wednesday, November 28, 2007
Fed's Kohn: Policy to be "Nimble"
From Fed Vice Chairman Donald L. Kohn: Financial Markets and Central Banking
... uncertainties about the economic outlook are unusually high right now. In my view, these uncertainties require flexible and pragmatic policymaking--nimble is the adjective I used a few weeks ago.That sounds like Kohn supports a rate cut in December.
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