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Nick Timiraos: The Fed Doesn't Want Bank Failures In The News
Forward Guidance
The Politics of Bailouts
The challenge always in these sorts of events is when policymakers act quickly like they did on March 12 with SVP and signature, you diffuse the immediate crisis. And then I think in 2008, we saw that, you know, you bailed out there, which took the urgency away to do something else. You don't want to take steps that require even bigger kind of life-saving efforts later on that point.
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