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Reuters: Fed's Kohn: U.S. rates appropriate

Started by chris, May 20, 2008, 05:41:06 PM

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chris

Fed's Kohn: U.S. rates appropriate
      


NEW ORLEANS (Reuters) - U.S. interest rates seem to be at the right level to help the sputtering economy without sparking inflation, but policy-makers need to be ready to adjust quickly in the face of a highly uncertain outlook, Federal Reserve Vice Chairman Donald Kohn said on Tuesday.
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