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IPFS News Link • Economy - Economics USA

Housing correction "substantial," Bernanke urges

10-4-2006 • Reuters

The U.S. Federal Reserve remains worried inflation is too high, but is also watching to see how much a "substantial correction" in housing markets will slow economic growth, Fed Chairman Ben Bernanke said.

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Reported By Powell Gammill

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Housing correction "substantial," Bernanke urges

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