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Financial industry regulation

Fed sparks irrational market optimism on possible rate cuts: Sheila Bair

by Ron Morgan
Fed sparks irrational market optimism on possible rate cuts: Sheila Bair

Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila Bair. Bair, who ran the FDIC during the 2008 financial …

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