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Pelosi won’t predict that Fed Reserve can drop unemployment below 8 percent

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House Minority Leader Nancy Pelosi, D-Calif., welcomed the Federal Reserve’s decision to attempt to stimulate the economy, but she wouldn’t predict that the unemployment rate would fall below eight percent. “I think it’s clear that they did so because they saw a need to bolster the economy; and of course, hopefully, what they’re thinking will become a reality,” Pelosi replied when asked if she...

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