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Daily Israel Report
07:35
Reported

News Brief

  8/16/2012, Av 28, 5772

US Federal Reserve to Authorize More Stimulus Funding


The Federal Reserve Bank is expected to authorize another stimulus package for the American economy shortly. That is the impression given by the talks held by the heads of the bank on the subject three weeks ago.

In a statement publicized yesterday, the Federal Reserve said that the United States needs the stimulus package unless the economy takes a significant turn for the better in the  near future.