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Bernanke Says Housing Holds Back Fed Efforts to Boost Economy
Bloomberg Federal Reserve Chairman Ben S. Bernanke said the central bank's efforts to spur economic growth are being blunted by impediments to mortgage lending, and he called for further steps to heal the housing market. “We have helped lower mortgage rates to … New Fed Call on Housing Bernanke: Weak housing has hurt consumer spending Bernanke: Weak housing to hurt consumer spending for years |