The Fed has a single price-setting role -- determining, through interest rates, the price of money itself.

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And so seriously does the press take this vital role, that its own internal policing and standard-setting is impeccable.

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Currencies play an essential role in setting the terms of engagement that make prosperity--success--possible.

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Instead, it suggests the exact opposite: a truly decentralised approach, shifting the role of monitoring banks to the market by setting Europe-wide full disclosure rules.

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It plays an important social role by offering a chance for self-expression in a communal setting.

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He defended the role of the federal government - nurturing research, investing in education, setting the rules to establish fairness.

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To play a leadership role in setting strategy within the enterprise, CMOs should insist on data-based decision-making, and measuring marketing ROI to determine the financial returns on their marketing investment.

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One such, Raymond Seitz, performed so well in that role in the mid-1980s that he came back to London as ambassador in the 1990s, setting high standards in both jobs.

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As the chief policeman for unfair state aid in the 27-country EU, he will also play a decisive role in the overhaul of troubled Spanish banks and the setting up of a new, powerful banking supervisor for the euro zone.

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