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October 21, 2007

Credit Market Turbulence and Policy Challenges Ahead

Remarks David Dodge Institute of International Finance Washington, D.C.
Given the Institute's membership and its focus on financial stability, I feel safe in saying that all of us here today watched this summer's turbulence in credit markets with interest, to put it mildly. What began in the spring as a repricing of credit risk turned into dislocations that have yet to fully run their course.
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