Brian Sack - The most provocative interpretation is that market participants anticipated that...

The most provocative interpretation is that market participants anticipated that the committee was going to become more democratic once Greenspan departed, and hence began to pay more attention to the comments by other FOMC members.

Brian Sack

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The most provocative interpretation is that market participants anticipated that the committee was going to become more democratic once Greenspan departed, and hence began to pay more attention to the comments by other FOMC members.

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provocative interpretation market participants anticipated committee democratic greenspan departed began pay attention comments fomc members

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