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Fed holds rates, what now?

 An implicit understanding has grown over the last several decades that in addition to controlling inflation, most shortcomings in real sectors and of growth can be addressed by central bank......

UN lowers India growth forecast to 4.8% for 2013

 United Nations has lowered India's economic growth forecast for 2013 to 4.8 per cent while warning that emerging markets should be prepared to deal with the impact of US Federal Reserve's......

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