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Monday, July 09, 2012

Fed trio move closer to QE3 - The Fed - MarketWatch

Fed trio move closer to QE3 - The Fed - MarketWatch


In a speech to a bankers’ convention in Idaho, John Williams, the president of the San Francisco Federal Reserve Bank, said progress on bringing down the unemployment rate is now running at a “snail’s pace,” and perhaps even stalled.
He said the Fed is on the “edge” of being forced from the sideline to once again prop up growth.

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