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Cool Data Takes Heat Off Fed

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Cool Data Takes Heat Off Fed
AIRED:
Every day the market wonders...will the Fed wind up its money drops anytime soon? Thursday's verdict: Probably not. The latest data show the economic recovery isn't as robust as many think. A preliminary reading on first-quarter GDP missed estimates. Jobless claims rose last week. Even housing, oh yeah, the sector that has performed so well that some people are now forecasting a bubble...even that disappointed investors.moreless
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