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Back You are here: Home Web Only Industry Headlines Manufacturing & The Economy U.S. Fed Promises Stimulus to Help Slowing Recovery

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U.S. Fed Promises Stimulus to Help Slowing Recovery

The US Federal Reserve promised more stimulus spending to prop up the economy Tuesday, as it warned the recovery had slowed.

Facing pedestrian growth rates and high joblessness, the Fed vowed to renew crisis-era measures that pumped hundreds of billions of dollars into ailing markets.

Source: AFP

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