Tuesday's News Recap: U.S. Housing Starts Continue to Fall, U.S. Core PPI Soars
20 Agustus 2008 4:01
(CEP News) - The continuing decline in July U.S. housing starts showed no signs of a bottom in sight, while producer prices rose more than expected in both the headline and core readings. Meanwhile, government-backed mortgage finance company Freddie Mac reignited fears in the debt market after weak auction results.
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