UNITED STATES: Fed attempts to tame market volatility
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In this article
- Controlling 'policy surprises'
- Fewer 'surprises'
- Power of inertia
- Key 'language'
- Opposite directions
- Methods of influence
- Policy relevance
- High credibility
- Language matters
- Tackling long-term rates
- Caveats
- Imprecise influence
- Conditional credibility
- Financial market relevance
- Interpreting Fed communications
- Bernanke's influence
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