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In a 2002 speech, the Fed chairman laid out the aggressive policy moves the central bank has since put in place, says Lord Abbett's Milton Ezrati.
SEC has charged money fund execs with misleading investors.
Investment-grade companies take advantage of low rates, investors search for yield by selling long bonds.
Rowghanis broad remit includes partnerships and business development.
Fund cuts growth forecasts and cites alarmingly high risk of a steeper slowdown.
State Street, BNY Mellon charge to hold Danish kroner, Swiss francs.