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The stock and housing markets show ‘frothiness’ but not yet in bubble territory, says Cleveland Fed President Loretta Mester

The stock and housing markets show 'frothiness' but not yet in bubble territory, says Cleveland Fed President Loretta Mester

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Mester’s comment comes after Fed Chair Jerome Powell said the Evergrande crisis was unlikely to directly hurt the US housing market.

...read full article on Business Insider

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