Import Malaise Baffling, But Trade Cost Isn't Culprit, Fed Says

By Joyce Hanson ( November 7, 2016, 10:05 PM EST) -- The U.S. Federal Reserve, perplexed as to why growth in U.S. imports of goods has remained stubbornly low since the second quarter of 2015, said it has uncovered patterns of "extraordinary weakness" in the nation's economy that can't be attributed to the cost of international trade....

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