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STABILITY Fed: Economic Growth Steady Mark Wilson / Getty Images

Fed: Economic Growth Steady

Thankfully, these new stats from the Fed won't be showing up in a campaign ad anytime soon. On Wednesday, the Federal Reserve report shows the U.S. economy is moving along at a “measured” rate, with consumer spending growing “at a moderate pace” and modest hiring. The Beige Book report noted concern for the upcoming fiscal cliff and worries over 2013's outlook.

November 28, 2012 4:42 PM