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News: Federal Reserve Expects Gas and Food Prices to Drop Soon

June 26, 2008

Donald Kohn, the Federal Reserve Vice Chairman gave a speech today (6/26/08) at the International Research Forum on Monetary Policy in Germany. In his speech he proposed the idea that fuel and food prices would soon be dropping.

To this, Mr. Vice Chairman, we respectfully say: Bull. Or, perhaps, Bear because that is what we are going to continue to see for quite a while.

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