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Euro crisis, ‘fiscal cliff’ menace US economy: Fed – Full story



Euro crisis, ‘fiscal cliff’ menace US economy: Fed (via AFP)

The European crisis and mandated budget cuts and tax hikes pose important risks for the US economy, Federal Reserve Chairman Ben Bernanke told Congress Thursday. But with the economy motoring along at a “moderate” pace, he also gave no hint as to whether the central bank would launch a new stimulus…


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