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The Gulf Coast region suffered through severe hurricanes that inflicted a terrible loss of life; destroyed homes, personal property, businesses, and infrastructure on a massive scale; and displaced more than a million people. The storms also damaged facilities and disrupted production in many industries, with substantial effects on the energy and petrochemical sectors and on the region's ports...
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Full recovery in the affected areas is likely to be slow" (Bernanke 2006).
In addition, with the "economy expanding at a solid pace, resource utilization rising, cost pressures increasing, and short-term interest rates still relatively low, the Federal Open Market Committee (FOMC) over the course of 2005 continued the process of removing monetary policy accommodation, raising the federal funds rate 2 percentage points in eight increments of 25 basis points each" (Bernanke 2006)...
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Chicago Federal Reserve
Federal Reserve System
Federal Reserve's Role in the Economy
federal reserve
Role of Federal Reserve
The Federal Reserve Board
The Federal Reserve System
U.S. Monetary Policy and What the Federal Reserve
US Federal Reserve Monetary Policy
Why The Usd Appreciates In Value &Amp;Amp;Amp; The Role Of Us Federal Reserve
Federal Reserve Act
THE FEDERAL RESERVE'S CURRENT
The Development of the Federal Reserve
federal reserve and inflation
internally displaced people
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