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Boston Fed chief offers gloomy outlook for US

Economy better off in N.E., he says

By Binyamin Appelbaum
Globe Staff / April 5, 2008

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The economy is "right on the cusp" of recession, Eric Rosengren, the president of the Federal Reserve Bank of Boston, said yesterday, but New England appears to be suffering less than the rest of the nation because the local economy is less dependent on homebuilding and other construction than the economies of Florida, Southern California, and the struggling Sun Belt ... (Full article: 746 words)

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