Posted AT 10:48 AM EST on 29/02/08
Aggressive Fed rate cuts carry risks: ECB economist
ROME — The Federal Reserve's current aggressive monetary easing carries risks and its similar strategy in 2001 may have sown the seeds of current economic difficulties, a top European Central Bank economist said.
Massimo Rostagno, head of the ECB research department's monetary policy division, said the Fed's aggressive policy and communication could have “effects on the confidence...
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