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Tag Archives: is the recession over

Stocks rally after Fed allays stimulus fears

NEW YORK — Stocks broke through record highs in early trading Thursday after Federal Reserve Chairman Ben Bernanke said the central bank is in no hurry to stop supporting the economy. Bernanke said the U.S. economy still needed help because unemployment remains high and inflation is below the Fed’s target. The Fed is currently buying $85 billion a month in bonds ...

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