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WSJ – Takeaways from the 2009 Fed Transcripts

WSJ.com“Federal Reserve officials spent 2009 worrying about the worst U.S. economic downturn they had seen in their lives, the weakness of the nascent recovery and the uncertainties surrounding their policy options. The transcripts released Wednesday of their policy meetings that year add some interesting new details to this picture, though no big surprises. We pored through them so you don’t have to. Here are five things that jumped out at us.”

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