Fed: Slower growth, rising prices wham economy

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Fed: Slower growth, rising prices wham economy

WASHINGTON (AP) - The Federal Reserve says the country slogged
through slower economic growth and rising prices during the summer,
packing a double whammy to people and businesses alike.

The Fed's new snapshot of business conditions, released Wednesday, also underscores the challenges confronting Federal Reserve Chairman Ben Bernanke and his colleagues as they try to get
the economy back on track.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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