organisation > United States Federal Reserve
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Federal Reserve Chairman says political disagreements on tax increases and spending cuts hurt the economy.
With little sign of improved economic fundamentals, rapid currency appreciation is a potentially dangerous development.
The Chinese financial system's evolution in recent years has been extraordinary.
The US central bank continues mass purchases of government debt, but some economists think that is a bad approach.

United States Federal Reserve Chairman Alan Greenspan vowed on Tuesday to cut 45-year low interest rates "substantially" if needed, to unleash speedier growth in the jobs-scarce economy and eliminate deflation.

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