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Latest Policy News

Cancellation Policy Tightens
Last week, Carnival tightened its cruise cancellation policy for some of its voyages. Now customers who've paid in full and cancel cruises of six nights or longer must give 56 days notice to get back half of the fare they paid.
Bullard Says Policy Assuming Economic Slack Risks Disaster
Federal Reserve Bank of St. Louis President James Bullard said holding interest rates near zero to counteract a high degree of slack in the U.S. economy may be a costly mistake.
Stanford?s Taylor Tells Policy Makers to Abandon Temporary Economic Fixes
John Taylor, the Stanford University economist who created a rule for guiding monetary policy, said policy makers need to abandon temporary programs as they seek to boost and maintain growth.

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