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US financial chiefs meet amid signs of recovery


economy

US financial chiefs meet amid signs of recovery

The US Federal Reserve meets today with analysts expecting few, if any, changes in monetary policy.

It is expected that a slightly brighter economic outlook will be recognised but that any further quantitative easing will be ruled out for now.

The prospects for jobs in the US have improved slightly but Fed officials are expected to warn that the unemployment rate will continue to fall at a slower pace due to low consumer demand.

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