Fed expected to reduce bond-buying program
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The U.S. Federal Reserve may announce the first retreat in its massive bond-buying program, which has flooded international markets with cash and kept interest rates low. Most economists expect a pullback in bond purchases because the economy has exhibited consistent signs of a recovery, even though there are still millions of unemployed Americans. How will the markets react?
As the Federal Reserve wraps up its two-day policy meeting, we speak with Chris Farrell, Marketplace Money economics editor.
The Associated Press contributed to this report.
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