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Fed's fiscal response to economic fallout can be improved: Ex-U.S. Treasury official

While the Fed's fiscal response to the virus-hit economic fallout was a "good initial effort," some of its mechanisms have faced "significant frictions" in terms of implementation and infrastructure issues, says Sarah Bloom Raskin, former deputy secretary of the U.S. Department of the Treasury.
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Wed, Jun 10 202011:41 PM EDT