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Business daily

Markets wait for Fed decision on stimulus programme

Investors will find out on Wednesday whether the Federal Reserve is tapering its monthly purchase of $85 billion worth of bonds and by how much. Fed boss Ben Bernanke has already said he wants the purchases phased out by the time unemployment reaches 7%. Here in France, as Air France-KLM gives more details about its cost-cutting plans, it’s continuing to invest heavily in its offer for lucrative business class travellers.

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