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Fed Again Trims Direct Support of US Economy

The U.S. central bank is continuing to cut its direct stimulus of the American economy, the world's largest. Federal Reserve policy makers said Wednesday it will trim asset purchases again next month that are aimed at keeping interest rates low and boosting job growth. They said unusually cold and snowy conditions slowed the U.S. economy this winter, but that there is "sufficient underlying strength" in the economy to push employers to add more workers to their payrolls in...

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