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Kansas City Federal Reserve Bank president Esther George.
Kansas City Federal Reserve Bank president Esther George.
(REUTERS)

SEAN SILCOFF

Fed vs. Fed: The woman who is standing up to Bernanke

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An old joke is that if you ask five economists a question you’ll get six different answers. But ask the 12 members of the U.S. Federal Reserve’s Open Market Committee (FOMC) the question “Should the U.S. continue to snap up $85-billion worth of Treasury and mortgage-backed securities per month and keep interest rates at rock bottom levels?” and you get 11 yeas and just one nay.