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Market Extra: Exclusive: Fed is ‘throwing money in the wrong place,’ says Sheila Bair, former top banking regulator

16 Mar 2020

Sheila Bair, a former top banking regulator during the 2007-’08 crisis, says the Federal Reserve is ‘throwing money in the wrong place,’ after it slashed benchmark rates to zero on Sunday and announced an $700 billion Treasury and mortgage bond buying program.

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This content was originally published by - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By - Top Stories

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