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ID: 29191
Title: Conflicting economic signals create dilemma for Fed (AFP)
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The US Federal Reserve building in Washington, DC. Mixed signals on the US economy have put the Federal Reserve in a quandary as it tries to steer monetary policy amid fresh inflation concerns but also a slumping housing market, analysts say. The central bank's Federal Open Market Committee headed by Ben Bernanke is widely expected to hold its base interest rate steady at 5.25 percent at a two-day meeting opening Tuesday.(AFP/File/Karen Bleier)AFP - Mixed signals on the US economy have put the Federal Reserve in a quandary as it tries to steer monetary policy amid fresh inflation concerns but also a slumping housing market, analysts say.
Category: Business/US Economy/
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Date Added: March 18, 2007 04:09:19 AM
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