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Fed says risks have diminished as it leaves rates unchanged

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The Fed said job gains were "strong" in June and indicators "point to some increase in labour utilisation in recent months".

Washington

THE Federal Reserve has left interest rates unchanged while saying risks to the US economy have subsided and the labour market is getting tighter, suggesting conditions are getting more favourable for an increase in borrowing costs.

"Near-term risks to the economic

sentifi.com

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