While you were sleeping Mixed markets, mixed mood

Wed, 08 Aug 2012

By Margreet Dietz Aug 9 (BusinessDesk) - Wall Street found little reason to continue the gains of the previous three sessions amid lukewarm US productivity data and downgrades in economic growth forecasts in Europe. Investors also were disappointed to hear that Federal Reserve Bank of Dallas President Richard Fisher thinks there's adequate economic stimulus in place, a day after Fed Bank of Boston President Eric Rosengren argued the central bank should do more bond-buying until the economic recovery accelerates. Fisher disagrees. “We’re at t...

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