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The Federal Reserve’s decision to raise its discount rate shows that the global recovery is on track and other central banks can afford to keep withdrawing emergency measures, former policy makers and economists said.
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Olympic Stars Set to Cash In on Gold Medals The Federal Reserve’s decision to raise its discount rate shows that the global recovery is on track and other central banks can afford to keep withdrawing emergency measures, former policy makers and economists said.•U.S. Consumer Prices Rose 0.2% in January, Less Than Economists Forecast •Bank of England, ECB Will Keep Winding Down Stimulus Steps After Fed Move •Dollar Advances, Stocks Decline as Federal Reserve Increases Discount Rate •UBS Defers Bonuses on Compensation Above $250,000 After Unprofitable Year •Foreclosures in U.S. Set Record as Unemployment Thwarts Housing Recovery •Smith International Surges on Report Schlumberger in Talks to Buy Company •Canada Won't Support Global Tax on Financial Services, Seeks Tighter Rules •Niger's Junta Leader Says Borders Reopened, Curfew Lifted Following Coup •Sebelius Renews Attack on Health Insurers as Obama Readies Overhaul Plan
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