Fed’s Williams Says Fiscal Actions ‘Badly Needed’ to Aid Growth

http://www.businessweek.com/news/2011-11-18/fed-s-williams-says-fiscal-actions-badly-needed-to-aid-growth.html Federal Reserve Bank of San Francisco President John Williams called for fiscal aid for the economy, saying government actions beyond Fed easing are imperative for bolstering the recovery and reducing joblessness.
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HEADLINES
No need for further rate hikes, should start reducing asset holdings soon: Fed’s Bullard
U.S. new home sales up 2.9% in May, median sales price hits all-time high
U.S. auto industry downturn already here for thousands of auto workers
U.S. jobless claims rise, slightly but labor market remains tight
U.S. current account deficit expands 2.5% of GDP in the first quarter
U.S. home resales increases 1.1% vs. 0.5% expectation
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