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Worst Central Bank? That's our Fed

If anyone needed any further proof that we more than likely have the worst central bank in the world, look no further than just what happened in the first hour of trading Friday.

First, we started off with pretty bearish comments from Federal Reserve Governor Rosengren, who basically said that he felt that conditions were good enough without labor market and GDP growth and inflation to warrant a go at the FOMC meeting next week. He said we are at full employment, inflation is near 2% and GDP growth is...