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U.S: Housing gains boost Fed’s QE as rally spurs growth: Economy

Posted on 05 December 2012

A revival in the U.S. housing market is amplifying the impact of the Federal Reserve’s efforts to spur the world’s largest economy.
Home values boosted by record-low mortgage rates are helping improve the finances of both households and banks. That’s easing the flow of credit, providing a further boost to the housing market and the economy, say economists at Bank of America Corp. and Deutsche Bank AG………………………………………..Full Article: Source


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