The return of the two amigos. (Off The News).
Fast forward to the fall of 2001. Peter Fisher is now Undersecretary for Domestic Policy at the U.S. Treasury. Even more interesting is the recent move by Gerd Hausler from Dresdner to the position of Counsellor and Director of the international capital markets department at the International Monetary Fund. Hausler, an expert at global financial architecture, will assume a new position intended to place the IMF more in the backfield of global financial markets. Both enjoy a close personal relationship with U.S. Treasury Undersecretary for International Affairs John Taylor. And of course Hausler, as a former top Bundesbank strategist chosen by IMF Managing Director Horst Kohler, is not unfamiliar to the leadership of the European Central Bank.
True, recent predecessors to these officials also enjoyed successful efforts at times at policy coordination, particularly during periods of financial crisis. Yet this new team of policy strategists enjoys a keen sensitivity for the timing of markets perhaps not seen in a decade. Traders beware!
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|Title Annotation:||Peter Fisher, Gerd Hausler|
|Publication:||The International Economy|
|Article Type:||Brief Article|
|Date:||Sep 1, 2001|
|Previous Article:||The O'Neill problem. (Off The News).|
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