Re: more Fed comments


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Posted by Ed Rombach (198.80.153.5) on 11:36:41 10/31/07

In Reply to: more Fed comments posted by warren mosler


:My point is that Fed cuts are currently driven by 'market functioning'

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Do you think that 3-month TED spread at 109bp qualifies for the market functioning as the Fed would like to see it?



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