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Thomas Hoenig, who acted as head of state of the Reserve bank of Kansas City, describes what will produce a 'terrific' reduction of liquidity as well as borrowing, which he suggested will lead to uncertainty.
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If US not already in recession, America 'slowing towards' one: Former Kansas City Fed president
Thomas Hoenig, who served as president of the Federal Reserve Bank of Kansas City, explains what will create a 'great' reduction of liquidity and borrowing, which he argued will lead to uncertainty.
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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
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