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Delivering remarks at a luncheon organized by the International Economic Forum of the Americas, Former Fed Chairman Paul Volcker said he believed that the United States was undergoing a difficult but necessary political and economic shakeup . Referring to comments made earlier by Canadian Finance Minister...
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In a letter to U.S. Senator Chris Dodd, Fed Chairman Ben Bernanke said it is impossible to tell when markets will normalize and that the Fed is constantly reviewing its monetary policy tools to make them more effective. Responding to a request from Dodd for the Fed to consider student loans at the Term...