Allen Sinai Reaction to FOMC Announcement

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Aug. 1 (Bloomberg) -- Allen Sinai, chief executive officer of Decision Economics Inc., talks about the Federal Reserve's announcement today that "economic activity decelerated somewhat over the first half of the year," adding that the Fed would take new steps as needed to boost the weakening expansion and reduce unemployment. Sinai speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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