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 NEW YORK (AP) - The economy provided a sobering reminder Tuesday that consumers are jittery and the housing market is still a major cloud over growth.
In February, U.S. home prices fell their steepest in almost 15 years. Sales of existing homes plunged in March by the largest amount in nearly two decades. And consumer confidence in April crumbled to its lowest since August.
It was a hat trick of bad economic data that analysts said would trap the Federal Reserve between inflation pressures and tepid growth.
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