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IPFS News Link • Economy - Economics USA

Fed says price pressures gain, growth slackens

7-23-2008 • Reuters

The United States faced increasing inflationary pressures in recent weeks amid slowing economic growth, the Federal Reserve said on Wednesday, as it described conditions in some areas as "grim," "morose" or "bleak."

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Reported By Powell Gammill

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Fed says price pressures gain, growth slackens

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