Fed Sees Labor-Market Slack Even as It Trims Bond Purchases

The Federal Reserve said slack in the labor market persists even as the economy is picking up, and it continued to trim monthly asset purchases that have pumped up its balance sheet to a record $4.41 trillion. “A range of labor-market indicators suggests that there remains significant underutiliz…

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Fed Sees Labor-Market Slack Even as It Trims Bond Purchases

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