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September 19, 2013


Fed Stays the Course as Fiscal Showdown Looms

"Seeing a more uneven economic climate than they expected and the potential for fiscal discord in Washington, Federal Reserve officials got cold feet Wednesday and decided to keep their signature easy-money program in place for the time being," the Wall Street Journal reports.

Washington Post: "It's not just the tax increases and budget cuts that have slowed growth all year. It's also the possibility that the looming fiscal standoff could endanger the U.S. economy in the same way the July 2011 debt ceiling standoff did."














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