September 17, 2014
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3:55Now PlayingSept. 17 (Bloomberg) -- The Federal Reserve said the economy is expanding at a moderate pace and inflation is below its goal while maintaining a commitment to keep interest rates near zero for a "considerable time" after asset purchases are completed. Policy makers tapered monthly bond buying to $15 billion in their seventh consecutive $10 billion cut, staying on course to end the program in October. Peter Cook reports on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
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