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Fed tapers another $10B a month; stocks extend losses

Slight economic improvement keeps central bankers on track as they commit to keeping target interest rate near zero.

The Federal Reserve will trim its monthly bond buying by $10 billion to $65 billion, sticking to its plan for a gradual withdrawal from departing Chairman Ben S. Bernanke's unprecedented easing policy.

“Labor market indicators were mixed but on balance showed further improvement,” the F

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