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

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

Cleveland Federal Reserve President Loretta Mester (L) talks with host Maria Bartiromo during a segment of ‘Mornings with Maria’ on The Fox Business Network on April 1, 2016 in New York.
Rob Kim/Getty Images
Cleveland Fed President Loretta Mester on Friday…

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