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Fed cool to more bond buying, but job fears grow

By Martin Crutsinger

 |  Associated press  

  April 04, 2012

Federal Reserve policymakers are worried that recent strong gains in hiring could fizzle if U.S. economic growth doesn’t pick up. But there’s no widespread support for additional bond purchases, even if the economy worsens. The Fed minutes from the March 13 meeting disappointed Wall Street. Stocks and Treasury prices fell after the minutes were released Tuesday.

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