Drop in Fed stimulus expected

Survey: Bond-buying to wind down, growth jump in ’14

Posted: December 10, 2013 at 2:16 a.m.

NEW YORK — The vast majority of business economists believe the Federal Reserve will begin to pull back on its extensive economic stimulus program in the first three months of 2014, according to a November survey done by the National Association of Business Economists.

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Business, Pages 23 on 12/10/2013


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Japanese see boom in projects as deja vu

People walk by an electronic stock board of a securities firm in Tokyo, Monday, Dec. 9, 2013. Japan has revised its economic growth estimate for the last quarter downward after finding that capital investment slowed more than expected in July-September. (AP Photo/Koji Sasahara)

SAGA, Japan — The bulldozers started up with a rumble this year in this bucolic corner of southern Japan, unle... Read »

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US Airways, American seal the deal

Douglas "Doug" Parker, chief executive officer of the newly formed American Airlines Group Inc., center, speaks to members of the media after remotely ring the opening bell of the Nasdaq MarketSite at American Airlines headquarters in Fort Worth, Texas, U.S., on Monday, Dec. 9, 2013. American Airlines Group Inc., formed today when AMR Corp. and US Airways Group Inc. combined, is poised to rise on confidence that the worldís largest carrier can avoid the pitfalls that dragged down other mergers. Photographer: Ben Torres/Bloomberg *** Local Caption *** Doug Parker

FORT WORTH — US Airways and American Airlines closed their merger Monday, creating American Airlines Group Inc... Read »