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Federal Home Loan Bank System Provides Billions to Banks

Bloomberg Businessweek

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The Saudis' Push for Higher Oil Prices

The oil price is still higher than the five-year average and 15-year average. The Saudis are pushing for around $80 to $85 a barrel, but it doesn't seem like they have the capacity to do that just by manipulating supply. Having slightly lower oil prices could be good for consumers this summer. But we're in a place where having really high oil prices may be damaging for the global economy.

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