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Mishkin: The Fed’s Credibility Is Under Historic Attack

Former central bank governor Frederic Mishkin said the Federal Reserve is undergoing what he is calling an unprecedented level of attacks caused by its inability to articulate a clear message regarding its multitrillion-dollar monetary policies.

Mishkin told CNBC that the Fed has done a poor job justifying its efforts to buy Treasurys and other securities to revive the economy.

http://www.moneynews.com/StreetTalk/Mishkin-Fed-Credibility-...



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