WASHINGTON (Reuters) - The Federal Reserve on Wednesday left in place its monthly $85 billion (53.7 billion pounds) bond-buying stimulus plan, arguing the support was needed to lower unemployment even as it indicated a recent stall in U.S. economic growth was likely temporary.
The U.S. central bank predicted that the nation's job market would continue to improve at a modest pace, and repeated a pledge to keep purchasing securities until the outlook for employment "improves substantially."
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