August 1st, 2008, 08:04 PM
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Join Date: Feb 2005
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Economy - Friday
(Investor's Business Daily)
Investor's Business Daily - ECRI's future inflation gauge hit a 6-year low in July, falling to 112.4 from June's 114.9. The data show that the inflation outlook is cooling, consistent with a shallow recession, ECRI says. The group says this will allow the Fed to hold rates and let the economy heal. Construction spending falls 0.4% View the Entire Article
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