Cohen Says Pause in Global Growth Likely Temporary

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June 23 (Bloomberg) -- David Cohen, a Singapore-based economist at Action Economics Ltd., who formerly worked at the Federal Reserve, talks about the central bank's monetary policy and its implications for the global economy. Fed officials decided to keep the central bank’s balance sheet at a record to spur the slowing economy after completing $600 billion of bond purchases this month. "The economic recovery appears to be proceeding at a moderate pace, though somewhat more slowly than the committee had expected," Fed Chairman Ben S. Bernanke said. Cohen speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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