FED MEETING

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We now think that Fed officials will take two small steps in this direction for the remainder of 2011: (1) expand the scope of their “extended period” language to cover not just the exceptionally low funds rate but also the ...

Shares in New York opened higher Tuesday after another dramatic trading day across Asia and Europe.

Speculation that the U.S. Federal Reserve may announce another round of monetary easing helped the Dow and European indices regain their poise. But Asian markets saw broad declines.


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