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Thursday, January 30, 2014

Text of the US Federal Reserve's policy statement

WASHINGTON: Federal Reserve policy-makers on Wednesday said they will reduce the central bank's monthly bond-purchase program by another $10 billion to $65 billion a month, while holding their key interest rate near zero. 

Here is the full text of the Federal Open Market Committee's statement after the conclusion of a two-day policy meeting: 

Information received since the Federal Open Market Committee met in December indicates that growth in economic activity picked up in rece .. 

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