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Right diagnosis, wrong cure

- Roundup: Right diagnosis, wrong cure "The President is right to look for ways to boost growth, but his latest proposals are unlikely to provide much support. We are keeping our forecasts unchanged."
- Outlook: more needed from Washington "The weak economy requires more policy stimulus – we believe it will be forthcoming."
- Preview of the week ahead "The retail sales report will help determine the extent of the consumer slowdown. We expect core CPI inflation to be about unchanged for another month."



Nomura US Economic Weekly 20100910

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