Fed leaves stimulus unchanged at $85bn, no taper

GMT 18:06 2013 Wednesday ,18 September

Arab Today, arab today Fed leaves stimulus unchanged at $85bn, no taper

Arab Today

The Federal Reserve on Wednesday left its $85 billion a month stimulus program in place, against broad expectations that it would reduce it as the economy grows. Fed policy makers instead cut their growth forecast for this year and next, suggesting the economy continues to struggle to break free from the Great Recession.

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