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SEP 20, 2013 - Yahoo! News

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U.S. Fed's George sharply criticizes inaction on QE

By Jonathan Spicer NEW YORK (Reuters) - A hawkish Federal Reserve policymaker on Friday sharply criticized her colleagues' decision this week not to reduce the Fed's bond-buying program, warning that the U.S. central bank's credibility is now at risk given how convinced were financial markets that policy would be adjusted. Kansas City Fed President Esther George, the lone dissenter on Wednesday's policy decision, said she was "disappointed. ...

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