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Fed Growth Outlook Key to Easing

As U.S. economic reports deteriorate, markets focus on Feds meeting next week.

By Jeff Kearns and Aki Ito, Bloomberg | Updated on June 14, 2012

Chairman Ben S. Bernanke told lawmakers last week the “central question” confronting the Federal Reserve at its next meeting is whether growth is fast enough to make “material progress” reducing unemployment.

The answer may well be no.

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