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Fed Takes Modest Action on Rates as Forecast Dims

Posted on AllSides June 20th, 2012
From The Left

The Federal Reserve will add slightly to its efforts to reduce borrowing costs for businesses and consumers. Its economic forecast showed reduced prospects for this year and next.

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http://www.nytimes.com/2012/06/21/business/economy/fed-extends-program-to-lower-costs-of-borrowing.html

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