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Fed extends economic stimulus

Wednesday, June 20, 2012 - 04:30

June 20 – The Federal Reserve has extended its latest monetary stimulus and sharply downgraded its forecasts for U.S. economic growth, saying it was prepared to take further steps to help the faltering recovery if needed. Here’s Federal Reserve Chairman Ben Bernanke’s statement following a two-day policy meeting. Rough Cut (no reporter narration).

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Fed extends economic stimulus

Wednesday, June 20, 2012 - 04:30