In a series of comments by Federal Bank Governors, they have let it be known that preventing buildups like the dotcom and housing bubbles may become a priority for the Fed. Ft.com report says that the Treasury recommends giving the Fed wide authority to require financial institutions to alter behaviour that it believes poses a threat to financial Âstability.
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Fed Wants To Regulate Asset Bubbles
Posted, by Anonymous (not verified) on May 16th, 2008
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