New York Fed enters the blogosphere

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The New York Federal Reserve on Monday became the latest regional Federal Reserve to launch a blog.

The regional Fed's blog, Liberty Street Economics, will comment on current economic topics, including macroeconomics, finance and trends in the regional economy. The first post on the site, by economists Meta Brown, Andrew Haughwout, Donghoon Lee and Wilbert van der Klaauw, looks at consumer deleveraging, noting that by 2009 consumers were diverting $150 billion away from potential spending in ord

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