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RE: Down goes the Dow

Janet Bernanke wrote:

It was a release of the minutes... yes.

So, are you saying that there is not a correlation between the release of FOMC minutes, and upswings/downswings in the market?

The market responds to every piece of information that it can, so yes, there is a response to the release of the minutes. This goes nowhere to proving that the Fed has perffect control of the financial markets.

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