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The minutes from the FOMC’s January meeting reflect a clear concern regarding the downside risks to growth, but what about inflation. The FOMC touched on this by noting that improved prospects for growth could allow them to reverse previous rate cuts in order to “promote price stability".
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The world is nervous on what the outcome of the economic crisis in USA will be because it will have a global effect. check out: cnnmoney.com economist.com you may search about - global economy, usa economy, you will see tons of materials for you to read. a word of caution though, not for the faint of heart. |
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