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Reuters: Consumer prices muted as housing starts reach 17-year low

Started by chris, April 16, 2008, 04:20:07 PM

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chris

Consumer prices muted as housing starts reach 17-year low
      


WASHINGTON (Reuters) - The number of U.S. housing projects started last month fell to the lowest in 17 years, while consumer prices moved up a bit less than expected, leaving the Federal Reserve some room to lower interest rates to ward off a housing-led slowdown.
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