
This article was last updated on May 19, 2022
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While the pace of economic decline may be easing, exit strategies from largesse can be expected to attract focus, with Fed Chairman Bernanke clear on the dangers of mixing politics with monetary policy. In most of the OECD, fiscal and monetary problems require such difficult choices of balance. Not in consensus as judged by Q2/2009 markets, improvement is still likely to be moderate with long unwind, favoring quality.
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