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Fed's Duke Urges Stronger Efforts to Stem Foreclosures

There is a " pressing need " for more policy measures to address the problems in the U.S. housing sector, Federal Reserve Governor Elizabeth Duke said on Wednesday. Speaking in New York, Duke said foreclosures are likely to stay " extremely elevated " as she called for stronger anti...

Posted to Fed and Economy Watch (Weblog) by Anonymous on Wed, Feb 11 2009

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