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Reuters: Fed's tough inflation talk hits housing

Started by chris, June 20, 2008, 03:41:06 PM

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chris

Fed's tough inflation talk hits housing
      


WASHINGTON (Reuters) - The U.S. Federal Reserve's recent tough talk on inflation served notice to financial markets that the central bank was serious about tamping down price pressures, but it has hit the economy in one of its tenderest spots -- housing.
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