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Fed's Stein: Financial stability should inform policy

"A top Federal Reserve policymaker on Sunday repeated his controversial assertion that financial stability should be an aim of U.S. central bank policymaking.

"Jeremy Stein, a Fed governor who is resigning next month, told an International Monetary Fund forum there is a need "in principle" to incorporate the aim of financial stability into monetary policies. Less clear, he said, is how to "operationally" incorporate it into policy.

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