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"We are not out of ammunition," says NY Fed chief Bill Dudley, speaking at West Point. Expecting...

Nov. 17, 2011 1:19 PM ETBy: Stephen Alpher, SA News Editor10 Comments
"We are not out of ammunition," says NY Fed chief Bill Dudley, speaking at West Point. Expecting growth of 2.75% in 2012 with "significant downside risks," Dudley suggests what a QE3 would look like: The purchase of even more long-term assets with a particular focus on the MBS market.

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