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Empresas y finanzas

Economy stabilizing, housing no longer drag: Fed's Lacker


    DANVILLE, Virginia (Reuters) - Richmond Federal Reserve President Jeffrey Lacker was quoted on Thursday as saying the U.S. economy was stabilizing after a painful recession and the shattered housing market will no longer be a drag on economic activity.

    "I think the economy is leveling out," Lacker said in an interview with the Danville Register & Bee newspaper. "I think there is reason for hope."