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Prices rise as manufacturing, inflation data weak

NEW YORK (Reuters) - Prices for Treasuries rose on Wednesday after a week of losses, as poor data on manufacturing pointed to lingering weakness in the economy and price pressures remained subdued. Full story

Little stopping fire sales in key short-term funding market: Fed paper

NEW YORK (Reuters) - Next to nothing stands in the way of a destabilizing fire sale in a vast part of U.S. financial markets if a dealer were to default, top Federal Reserve researchers warned in a paper that aims to rejuvenate debate over supervising the industry. Full story

In AIG/BofA case, NY Fed reveals details of settlement with bank

NEW YORK (Reuters) - The Federal Reserve Bank of New York this week made public a mortgage-securities settlement with Bank of America that could bolster the BofA's case against American International Group Inc over claims on the assets. Full story

Judge puts AIG/New York Fed case on hold, BofA still on

NEW YORK (Reuters) - A federal judge has put American International Group Inc's <AIG.N> dispute with a financial crisis-era bailout vehicle on hold while another court addresses the insurer's separate $10 billion lawsuit against Bank of America Corp <BAC.N> over defective mortgages. Full story

Fed did not intervene in FX markets in Q4: NY Fed

NEW YORK (Reuters) - U.S. monetary authorities did not intervene in the foreign exchange market in the fourth quarter of 2012, the Federal Reserve Bank of New York said on Thursday in its quarterly report to Congress. Full story

As crisis brewed, growing but uneven concerns at NY Fed

NEW YORK (Reuters) - Top officials at the Federal Reserve Bank of New York expressed growing but uneven concerns about the brewing mortgage-market crisis in 2007 and 2008, according to minutes of board meetings that underline how authorities failed to grasp the real dangers the economy faced at that Full story

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NY, Boston Feds to discuss mortgage market woes

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  Markets to Pop on Dudley's Comments?

Discussing how the markets are reacting to New York Fed president William Dudley's comments on the fiscal cliff, with Jeff Kilburg, Killir Kapital Management.

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