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Blinder: The Fed Policymakers ‘Making It Up as They Go Along’

U.S. central bankers are improvising as they debate embarking on a second round of unconventional monetary stimulus, said Alan Blinder, former vice chairman of the Federal Reserve.

“They are making it up as they go along,” Blinder, a Princeton University economist, said in a television interview on “Bloomberg Surveillance” with Tom Keene.

http://www.moneynews.com/StreetTalk/Blinder-Fed-Policymakers...