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News Link • Federal Reserve

Cash Binge to End as Central Banks Jive to Exit:

• Bloomberg
“We will need to remove our very accommodative policy sooner rather than later,” Federal Reserve Bank of Kansas City President Thomas Hoenig said in a speech this week. Fed Governor Kevin Warsh said last month the U.S. central bank may need to raise interest rates “before it is obvious that it is necessary, possibly with greater force than is customary.”

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