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FOMC Minutes: Fed might wait longer due to economic risks

October 9, 2014

Wall Street reacted with solid gains to the FOMC’s Minutes of the last meeting September 16/17. Amid growing risks for a slowing of the world economy, the Federal Reserve might keep rates low for as long as necessary to support the economy. In Europe, investor’s fears of a deepening economic slowdown have kept equity markets under pressure.

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