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By MARTIN CRUTSINGER, AP Economics Writer |
August 1, 2012
The Federal Reserve said Wednesday that the U.S. economy is losing strength and repeated a pledge to take further steps to stimulate growth, but it took no new action.
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By John Sullivan, AdvisorOne |
August 25, 2011
One day before policymakers meet in Jackson Hole, Wyo. Federal Reserve Bank of Kansas City President Thomas Hoenig said there’s only so much the central bank can do to help the economy, and that the policy should pivot to focus on the country’s fiscal problems.