The Federal Reserve will keep bond buying at $85 billion a month even as the world’s largest economy and the job market pick up. Recent data suggest “a return to moderate economic growth following a pause late last year,” the Federal Open Market Committee said yesterday. Shares jumped, but gains were pared in late trading.
Fed will stick to asset purchases of $85B a month despite job growth
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March 21, 2013, 4:00 a.m. ET