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Feb. 19 (Bloomberg) — Former Bank of England policy maker David Blanchflower talks with Bloomberg’s Francine Lacqua about the timing and pace of deficit reduction in the UK Blanchflower is among 67 economists to support Prime Minister Gordon Browns argument that its too soon to start cutting the uks record deficit. Blanchflower also discusses yesterday's decision by the Federal Reserve Board to raise the discount rate charged to banks for direct loans. (Source: Bloomberg)

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