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Fed seems on track to slow bond buys by year’s end

By Christopher Rugaber
Published August 21, 2013 9:05pm ET
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Fed seems on track to slow bond buys by year’s end
FILE - In this Wednesday, July 17, 2013, file photo, chairman of the Federal Reserve Ben Bernanke testifies in Washington. The Federal Reserve appears on track to slow its bond purchases by the end of this year if the economy continues to improve. But it remains divided over the exact timing of the move. That’s the message from the minutes of the Fed’s July 30-31 meeting released Wednesday, Aug. 21, 2013. (AP Photo/Charles Dharapak) | Charles Dharapak

WASHINGTON (AP) — The Federal Reserve appears on track to slow its bond purchases by the end of this year if the economy continues to improve. But it remains divided over the exact timing of the move.

That’s the message from the minutes of the Fed’s July 30-31 meeting released Wednesday.

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