What You May Have Missed
By Martin Crutsinger and Christopher S. Rugaber
Published: Friday, Jan. 18 2013 8:15 p.m. MST
Federal Reserve officials in 2007 badly underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the deepest recession since the Great Depression, transcripts of the Fed's policy meetings that year show.
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