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Bullard: Fed Policy to Stay Easy for a Long Time: CNBC
Market News International | Friday, February 22, 2013
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St. Louis Federal Reserve President James Bullard, who has previously talked about rate hikes starting in the middle of next year, insisted in a CNBC interview Friday that policy will be easy for a long time.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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