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Ultra-low Fed rates stoked housing boom: Taylor

Story date: 2007-09-01 06:36:00
Added on: 2007-09-01 20:35:28


Washington Post - ... Affairs John Taylor said on Saturday that ultra-low Federal Reserve interest rates ... is examining the implications of the ongoing woes of the U.S. subprime mortgage ... said the buoyant market was directly responsible for a major improvement in home ...


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