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Fed decision on pace of bond purchases is awaited



Published: Wed, December 18, 2013 @ 11:51 a.m.

Fed decision on pace of bond purchases is awaited

WASHINGTON (AP) — Investors are waiting to see whether one of Ben Bernanke’s final acts as chairman of the Federal Reserve will be to announce a pullback in the Fed’s bond purchases. The purchases have been intended to keep long-term loan rates low to spur economic growth. It’s a close call.


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