Thursday, 14 June 2007

Fed's Moskow encouraged by inflation drop-WSJ

(Reuters) - "I'm encouraged to see the gradual reduction we've seen so
far," he told the newspaper in an interview.




One indicator of inflation has come down to the top of the
Federal Reserve's 1-2 percent comfort zone, although core
consumer prices are still hovering around 2.3 percent.


Read more at Reuters.com Bonds News

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