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Alan Blinder: Beware of Woolly-Minded Attacks on the Fed

The biggest threat may come from proposals to limit the central bank’s ability to act as a lender of last resort. Welcome to 2015. On the Chinese calendar, it will soon be the Year of the Sheep. On the financial calendar, it looks like the Year of the Fed. Let’s hope the Fed doesn’t

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Posted: January 27, 2015 Tuesday 06:25 PM