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Plosser: Lax Monetary Policy Risks Inflation Without Helping GDP, Jobs
Market News International | Tuesday, January 15, 2013
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Philadelphia Federal Reserve Bank President Charles Plosser renewed his warning Tuesday that the Fed's super-low interest rate policies risk higher inflation without doing much to boost the economy.

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A recent research paper suggests widespread violations of MSRB fair pricing rules are rampant in the municipal market. But scratching just below the surface reveals serious flaws in the methodology and assumptions underlying the authors' conclusions.

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