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Fed trims stimulus, the effects are felt worldwide


Business Line

Fed trims stimulus, the effects are felt worldwide

The US Federal Reserve has eased its stimulus for a second straight month in a decision that wasn’t unexpected

The central bank’s policy committee said labour market indicators are improving and US economic growth has picked up.

But the Fed’s policy has caused a massive sell-off throughout emerging markets.

We’ll have all the details in this edition of Business Weekly.

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