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Fed to reduce pace of bond buying by another $10B

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WASHINGTON (AP) — Given the U.S. economy's growing strength, the Federal Reserve pushed ahead Wednesday with a plan to shrink its bond-buying program, even though the prospect of reduced stimulus and higher interest rates has rattled global markets. The central bank said it will cut its monthly bond purchases starting in February by $10 billion to $65 billion. It also reaffirmed a plan to keep...

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