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After nine years of U.S. recovery, Fed's anxieties finally fade

Reuters  |  NEW YORK 

By Jonathan SpicerNEW YORK (Reuters) - The Federal Reserve is guiding a U.S. economy that is as close to ideal as it could have dreamed a decade ago, when the darkest days of the recession forced it to take big risks to protect workers, banks and economies around the world from further devastation. After nine years of steady if uneven recovery, the United States is now growing at a pace topping 4 percent, unemployment is as low as it's been this century, and inflation has safely edged up towards an official target. While a few items remain on the U.S. central bank's wish list, such as bigger ...

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First Published: Thu, June 14 2018. 00:03 IST