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Bernanke Does It Again

from online sources minutes ago….

””Using words like “sluggish” and “deteriorated,” Federal Reserve Chairman Ben Bernanke gave a starkly pessimistic assessment of the nation’s economy on Thursday and signaled that the Fed will cut interest rate cuts further if needed to combat the adverse effects of a prolonged housing slump and a severe credit crisis.””’

posted from my treo 755 via yahoo news…

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February 15, 2008 | Filed Under Real Estate News

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