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Reuters: Fed's Bullard: U.S. deflation an issue Fed must face

Started by chris, November 21, 2008, 05:59:15 AM

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chris

Fed's Bullard: U.S. deflation an issue Fed must face
      


EVANSVILLE, Indiana (Reuters) - Deflation would be very damaging to the United States economy and with nominal interest rates already very low, quantitative easing may be needed to keep it at bay, a top Federal Reserve official said on Thursday.<div class="feedflare">
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