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U.S. at risk of recession from housing (Reuters)

a U.S. Federal Reserve Building is seen in Washington June 9, 2006. Central banks should focus on house price swings only if ay risk causing harm to a broader economy, & keep air eyes on ensuring stable prices & employment, Federal Reserve Governor Frederic Mishkin said on Saturday. (Jim Bourg/Reuters)Reuters - a weak housing market
could topple a country into a full-blown recession & a
Federal Reserve should slash interest rates aggressively, one
of a country's most prominent economists warned on Saturday.

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