Fed Governor On The Bubble Hunt - Congoo

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Fed governor on the bubble hunt

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MarketWatch | May 17, 2008

WASHINGTON (MarketWatch) -- The Federal Reserve should try to aggressively deflate some types of asset bubbles before they can harm the economy, Fed Gov. Frederic Mishkin said Thursday. But raising interest rates isn't the way to prick a bubble, he said. And some types of bubbles, such as the dot-co...

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