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Fed’s Lockhart says bond buys should continue through year end
Comments from the Atlanta Fed President: US labor market unlikely to improve substantially in very short term Benefits of QE continue to outweigh risks Doesn’t see signs of bubbles or overheating in markets Moving toward balanced view of risks in economy Sees US economy growing 2 to 2.5% in 2013 The comment about the ‘balanced view’ is slightly more hawkish but his statement on bond buys indicates no rush to taper the program.
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