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Fed Risks Disaster if Ignores Harm Done by Housing Bust: Bullard

September 21, 2012

The U.S. central bank would be courting disaster if it pursued a so-called nominal growth target that did not take into account the economic damage done by the housing crisis, a senior Federal Reserve official warned on Thursday.

Source: http://www.cnbc.com/id/49113567?__source=RSS*tag*&par=RSS
 
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