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Thursday, October 13, 2011

Monetary

News                                                                                                                             
Market Watch | Fed minutes show doubts economy will improve
Fed officials “saw considerable uncertainty surrounding the outlook for a gradual pickup in economic growth,” with the economy showing only a weak bounce after the recession in contrast to past recoveries, according to the minutes.

Econ Comments                                                                                                             
CNN: Money | Fed leaves door open on QE3
Federal Reserve policymakers left the door open to another round of asset purchases in the near future, according to minutes of their most recent meeting.