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Quote of the Day

Monday, November 18, 2013

November 18, 2013 -- "In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions." Janet Yellen

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