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In the News: Reuters
While the Fed is busy managing the yield curve, it may forget to mop up the liquidity in the market, portfolio manager Axel Merk tells Reuters "… 'The Fed is going to be so busy managing the yield curve and it will forget to conduct sound monetary policy and to mop up this liquidity at some point,' said Axel Merk, portfolio manager of Merk Funds with $700 million in assets under management…"
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