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FOMC Excerpts: "Participants also touched on the conditions under which it might be appropriate to change the pace of asset purchases." "Most observed that the outlook for the labor market had shown progress since the program was started in September, but many of...
The major stock market averages closed modestly higher on Tuesday, underpinned by dovish remarks from St. Louis Fed President Bullard and New York Fed President Dudley, both of whom are voting FOMC members. In brief, both men offered perspectives that suggested...
 
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