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The Peterson Institute for International Economics is a private, nonprofit, nonpartisan
research institution devoted to the study of international economic policy. More › ›
research institution devoted to the study of international economic policy. More › ›
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Peterson Perspectives
Interviews on Current Issues
The Fed Tries Again with a New "Twist"
September 22, 2011
Joseph E. Gagnon explains the Fed's latest effort to employ monetary stimulus but predicts it will not be enough to revive the mortgage market.