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Thursday, May 15, 2008

April CPI Report, Freddie Mac, Bernanke, Libor

Subjects Bob Brinker Discusses on Moneytalk:
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Freddie Mac Rules Ease "Shares in Freddie Mac rose more than 9 per cent on Wednesday after the government-sponsored mortgage financier was granted greater flexibility to support the beleaguered US housing market.

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The Office of Federal Housing Enterprise Oversight said it would lower a surcharge on the company’s regulatory capital requirements after Freddie announced plans to raise $5.5bn in capital and reported its third consecutive quarterly loss..........."



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April CPI Report YOY figures are: Headline CPI +3.9%. core CPI +2.3%

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Kirk Lindstrom has reported more detailed data and charts at Investing For the Long Term in the U.S. Economy Forum and there is additional discussion there about how the price of gasoline is and will affect the CPI.


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Bernanke: Fed may boost TAF loans if needed.


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Libor/TED improves slightly.



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