The US Federal Reserve issued its most upbeat assessment of the American economy in 18 months last night, saying activity was picking up after the most severe recession since the 1930s.
The central bank kept official interest rates at rock-bottom levels, but signalled that its programme of quantitative easing will start to taper off, now that credit markets are returning to normal.
Read more: http://www.independent.co.uk/news/business/news/americas-economy-is-picking-up-says-federal-reserve-1792262.html
www.ukba.co.uk
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