US Fed Preparing To Remove Stimulus 'Soon' Despite Slower Recovery - NewsBreak

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By Gesard in Business
Updated 3 years ago

Rising Covid-19 cases have slowed the US economy's recovery, but the Federal Reserve on Wednesday said it may nonetheless "soon" be time to begin removing the stimulus it provided during the pandemic. The closely-watched announcement left policy unchanged for now, but new forecasts from central bankers show they expect the...

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