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- FED, Dudley says FOMC made a "sober assessment" of the national econ as household spending flattened.
FED, Dudley says FOMC made a "sober assessment" of the national econ as household spending flattened.
Notes fin'l mkt conditions "remain unsettled and the equity market in particular remains very volatile" but that lower rates in react to FOMC statement will help the economy. FOMC discussed a range of
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