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Bernanke unlikely to propose another stimulus
Markets awaiting more stimulus for the US economy will likely be disappointed Friday when Federal Reserve Chairman Ben Bernanke delivers a key annual speech, analysts said. With economic data still mixed and the Fed policy board divided over the need for action, the chief US central banker is expected to keep his…
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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