Economy News Headlines - Yahoo! News: Wall Street Week Ahead: Jobs data could spur Fed action on stimulus

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Wall Street Week Ahead: Jobs data could spur Fed action on stimulus Aug 31st 2013, 05:17 By Richard Leong NEW YORK (Reuters) - Wall Street is bracing for a wave of economic reports next week, including the August jobs report, which might prove decisive in determining whether the economy is strong enough for the Federal Reserve to dial back its bond purchases in mid-September. Anxiety about the Fed possibly reducing its $85 billion monthly stimulus, also known as QE3, has hurt the stock market, which recorded its steepest monthly fall since May 2012. ... Media files: 2013-08-31T051731Z_3_CBRE97T1LLM00_RTROPTP_2_MARKETS-STOCKS.JPG (image/jpeg)

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