Fed sees limited impact of global slowdown on US
Oct meeting also concludes recent turbulence in financial markets will not derail American recovery
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Washington
THE weakness of other major economies and recent turbulence in financial markets will not significantly impede domestic economic growth, US Federal Reserve officials concluded at their most recent meeting in late October.
The Fed made no mention of those speed bumps in a statement issued after the two-day meeting because officials regarded the likely effects as "quite limited", according to an official account of the meeting that the Fed published on Wednesday.
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