Correction to Wednesday’s FOMC Commentary

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In our recent commentary piece entitled "Bring Back Hoenig," we mistakenly stated that Kansas City Fed Bank President Thomas Hoenig rotated off the FOMC and retired at the end of 2010. While President Hoenig is no longer a voting member of the FOMC, he is still the President of the Kansas City Fed, and will not retire until later this year.

Posted on Friday, January 28, 2011 @ 11:04 AM

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