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Fed’s Raskin: Housing market weighing on unusually weak recovery

Posted on 13 April 2012

The weak housing market is weighing on the economy’s unusually slow recovery, Federal Reserve Gov. Sarah Bloom Raskin said in remarks prepared for a speech on Thursday.
While some recent data have shown the pace of the economic recovery could be picking up, “the national economic recovery clearly has a long way to go,” Raskin said in a speech prepared for business and community leaders at the San Francisco Fed’s Los Angeles branch………………………………………..Full Article: Source


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