Fed wary over global growth, but cheap gas a boon

The seal of the Federal Reserve Board of Governors is seen during a press conference on June 19, 2013 in Washington, DCFederal Reserve policymakers saw a potential threat to US growth from the global slowdown and a possible decrease in inflation in their last meeting, according to the minutes published Wednesday. The solid gains in the labor market underpinned a general sense of confidence at the October 28-29 meeting of the Federal Open Market Committee, which took the momentous step of drawing a close to its crisis-era qualitative easing stimulus program.

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