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Fed reduces bond purchases

The Federal Reserve said Wednesday that it would reduce its bond purchases to $45 billion a month, and that it’s starting to see a growth pickup in recent weeks after a harsh winter hit the economy. http://online.wsj.com/news/articles/SB10001424052702304178104579533861135944336?mod=WSJ_hp_LEFTWhatsNewsCollection&mg=reno64-wsj

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