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| November 03, 2006 | Friday | Shawwal 10, 1427 |
US inflation
WASHINGTON, Nov 2: US inflation may be past its peak but remains too high for comfort, Dallas Federal Reserve chief Richard Fisher said on Thursday. “First the good news: It is possible that the trend in overall consumer inflation has peaked and is finally heading lower,” he said in a speech in New York.
“Next, the not-so-good
NEWS: The overall inflation trend remains at a level above my comfort zone,” added Fisher.
—AFP
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