More Grist for the Fed's Mill
What kind of signals for U.S. economic growth is the Federal Reserve receiving ahead of its June 28-29 policy meeting? Based on the June 27 release of the June consumer confidence data and the May existing home sales report, the economy continues to show a lot of momentum. With Fed Chairman Ben Bernanke & Co. keying on every piece of data, we at Action Economics take a look at the two releases:
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