Wall Street little changed after data, Fed minutes on tap
NEW YORK (Reuters) – Stocks were little changed on Wednesday after housing and inflation data pointed to a continuation of modest economic improvement and ahead of the minutes from the Federal Open Market Committee’s January meeting later in the session. Groundbreaking to build new U. S. homes fell 8. 5 percent in January but new permits for construction rose to a 4 1/2-year high while producer prices rose in January for the first time in four months. The data should enable the Fed to maintain its easy monetary policy in its efforts to stimulate the economy. . . .
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