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Wholesale prices up 0.5 percent in March
Apr 18 2006 4:59PM (CT)
WASHINGTON (AP) - A big jump in gasoline prices pushed inflation at the wholesale level up in March at the fastest pace in three months, as oil prices above $70 a barrel sent consumers a high-octane warning of expensive fuel costs ahead.
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Fed minutes suggest end of rate hikes near
Apr 18 2006 2:16PM (CT)
WASHINGTON (AP) - Although most Federal Reserve policymakers last month believed that the end of the central bank's nearly two-year rate-hike campaign was probably close at hand, some raised concerns about the potential dangers of the Fed pushing up rates too high, which could crimp the economy.
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New home construction drops in March
Apr 18 2006 10:33AM (CT)
WASHINGTON (AP) - Construction of new homes dropped by 7.8 percent in March, marking the fourth decline in the past six months. The Commerce Department report provided further evidence that the nation's five-year housing boom is quieting down.
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