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Fed cuts US growth forecast, but will also further trim stimulus program

Thursday, June 19th 2014 - 06:09 UTC
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The US Federal Reserve has cut its growth forecast for 2014 because of the harsh winter weather. The central bank is now predicting growth of between 2.1% and 2.3% for this year, down from its March forecast of 2.8% to 3%. Read full article

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