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Federal Reserve Chair Janet Yellen speaks during a news conference at the Federal Reserve in Washington, on Wednesday. The Fed announced that it was cutting back on bond buying and would leave short-term rates unchanged.
June 18, 2014 The Federal Reserve said that it was curtailing its bond purchases to $15 billion per month. It gave no hint when interest rates would rise.
March 19, 2014 Citing progress in the labor markets, the Federal Reserve said it would continue winding down its economic stimulus program. But Fed Chair Janet Yellen said the U.S. economy still faces headwinds.
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