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The U.S. Federal Reserve has decided to continue winding down its bond-buying stimulus plan… cutting its monthly asset purchases to 25-billion dollars from 35-billion. This is their sixth consecutive 10-billion dollar cut and it means the Fed is on course to end its purchase program in October
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The harsh weather this past winter is getting much of the blame for a slowdown in the economy, but most economists believe it sets the economy up for a strong rebound this quarter. Anthony Mason reports.