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Channel: Fortune Finance: Hedge Funds, Markets, Mergers & Acquisitions, Private Equity, Venture Capital, Wall Street, Washington » mbs
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Fed official says market misread latest move

The Fed doesn't know its own strength. So says Minneapolis Fed President Narayana Kocherlakota, who is due to become a voting member of the Federal Open Market Committee next year. Kocherlakota (right)...

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Treasury tiptoes toward housing exit

Don't look now, but the government is gingerly tugging at one of the smaller slats propping up the mortgage market. Treasury said Monday it will sell a big portfolio of mortgage-backed bonds over the...

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