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US Fed on Track to Reduce Monthly Bond Purchases


US Fed on Track to Reduce Monthly Bond Purchases
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The U.S. central bank is on pace to reduce its monthly bond purchases by another $10 billion - and interest rates will remain near record lows until the job market approaches something closer to normal. So says Janet Yellen, who held her first news conference Wednesday as head of the U.S. Federal Reserve. Mil Arcega has more.

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