Federal Reserve to begin reducing bond purchases in January because of stronger US job market

  • by: MARTIN CRUTSINGER , Associated Press
  • Updated: December 18, 2013 - 6:05 PM

WASHINGTON — The Federal Reserve on Wednesday sent its strongest signal of confidence in the U.S. economy since the Great Recession, deciding that the nation's economic prospects are finally bright enough to withstand a slight pullback in stimulus spending.

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