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US economy to grow faster than forecast, says Federal Reserve

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http://www.bbc.co.uk/news/business-56434910

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“With the Fed keen not to tighten policy until it sees inflation on track to moderately exceed its 2% goal on a sustained basis, and also emphasising that any increase in inflation should be transitory, we expect the Fed will follow through on its commitment not to raise rates for a while yet,” said Michael Pearce, senior US economist at Capital Economics.

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