Why the Doves Rule at Bernanke’s Fed

Mild-mannered Federal Reserve Chairman Ben Bernanke has pulled off a feat any pol would envy: winning more than 90 percent support for an extreme and untested new policy. On Dec. 12, the Fed’s rate-setting committee voted 11-1 for a monetary policy that for the first time links interest rates…

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Why the Doves Rule at Bernanke’s Fed

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