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Market Bailouts and the "Fed Put"

POLICY FORUM
Friday, November 30, 2007
4:00 PM

Featuring William Poole, President, Federal Reserve Bank of St. Louis, Former Member, Council of Economic Advisers.

The Cato Institute
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Washington, DC 20001

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Poole will address two questions: Do Federal Reserve monetary policy actions serve to bail out the markets? To the extent that such bailouts occur, do they raise moral hazard issues?

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