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Reuters: Fed's Yellen says economy "all but stalled"

Started by chris, April 04, 2008, 06:01:03 AM

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chris

Fed's Yellen says economy "all but stalled"
      


PALO ALTO, California (Reuters) - The U.S. economy has "all but stalled and could contract" in the first half of 2008, but the interest rate outlook is clouded, San Francisco Federal Reserve President Janet Yellen said on Thursday.
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