US: Housing Starts down to 0.956M in August

US Housing Starts were at 0.956M in August, down from 1.117M recorded in July, the US Census Bureau informed on Thursday. Consensus pointed to 1.040M.
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Fed's Yellen: US economy improving but recession effects still evident

Speaking at an economic conference in Washington on Thursday, Fed chair Janet Yellen avoided teh topic of monetary policy delivering her prepared remarks.
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