Accommodative monetary policy remains "quite appropriate" and "a strong case can be made" for continuing the purchase of longer-term securities beyond year-end, Federal Reserve Bank of Boston President & Chief Executive Officer Eric S. Rosengren said Monday.
Fed's Rosengren Favors Accommodation, Asset Purchases
DEC 3, 2012 12:45pm ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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