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Federal Reserve expected to stay the course on near-zero interest rate

The Federal Reserve holds a monetary policy meeting this week amid intense speculation about the timing of a wind-down of massive stimulus, although few expect a change in direction. The Federal Open Market Committee will wrap up a two-day meeting Wednesday with a policy statement that will be closely scrutinized…

U.S. Fed set to gingerly lift foot off stimulus pedal

WASHINGTON (AFP) – The Federal Reserve appears ready to ease off the stimulus pedal that is pumping life into the US economy at a key meeting that opens Tuesday, despite signs of slowing growth. Most economists expect the Federal Open Market Committee will signal the Fed’s $600 billion asset purchase…

Federal Reserve to print billions of dollars in massive shadow stimulus

The Federal Reserve’s policy-setting panel began a crucial two-day meeting Tuesday, poised to cast aside its long-held reluctance to micro-manage the economy in a bid to avoid a lost decade of growth. The central bank’s open market committee (FOMC) is expected to approve massive stimulus spending not seen since the…

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