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

Started by riky, November 21, 2008, 08:00:53 AM

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riky

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

 



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.


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