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Dudley says Fed will take away the punch bowl at the right time

Dudley says Fed will take away the punch bowl at the right time

Central Banks
Jamie Coleman
29/11/2012 | 14:50 GMT

There is an old central banking adage that it is the job of the central banker to take away the punch bowl just as the part is getting good. NY Fed president Dudley vows to do just that.

Color my skeptical.

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