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Quite unlike in 2008 when the US Fed denied the existence of the housing bubble, Powell has been more realistic this time around
Economy

Powell’s “Subprime is Contained” Moment

Shanmuganathan Nagasundaram - 0
Bernanke got the subprime crisis wrong? “Subprime is Contained” – Fed Reserve Chair Ben Bernanke, March 2007. Bernanke, the then Chair of the Federal Reserve had...

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