In what is being called the biggest new since 1977 regarding the Federal Reserve, Tennessee Senator Bob Corker said that the Republicans will push for an end to the Fed's Dual Mandate of "Maximum employment" rendering issues like QE2, a hands off "None of your business" affair for the Federal Reserve.
I'll look around for any further developments.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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