Without this commitment, federal regulations will be imposed.

FORBES

It is this commitment to intervene without limit that has cowed speculators hoping to profit from bond-market distress.

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However, this cannot occur without a strong commitment to innovation in every aspect of the planning, implementation, and evaluation processes.

WHITEHOUSE: Vision, Leadership, and Innovation: Our Path Forward in the 21st Century | The White House

It has done this without ever formally changing its mandate or raising questions about its long-term commitment to low inflation.

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