"Professor at Columbia Nominated to the Fed"

[Gallo_Pallatino]

<p>Columbia related news:</p>

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WASHINGTON, June 30 — President Bush on Friday nominated Frederic S. Mishkin, a professor of monetary policy at Columbia, to fill an open seat on the Federal Reserve Board.</p>

<p>Professor Mishkin, 55, has been a prolific author of books and articles about central banking and would add weight within the Fed to backers of “inflation targeting,” a policy of basing decisions on explicit and publicly disclosed benchmarks for inflation.</p>

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