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Reuters: Fed's Kohn: policy now appropriate, outlook cloudy

Started by chris, May 20, 2008, 03:41:05 PM

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chris

Fed's Kohn: policy now appropriate, outlook cloudy
      


WASHINGTON (Reuters) - Benchmark U.S. interest rates are at the right level now to help the sputtering U.S. economy, but elevated inflation and uncertainty about housing and financial markets remain worrying, Federal Reserve Vice Chairman Donald Kohn said on Tuesday.
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