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Strengthening US growth reflects help from Fed

US economy growing while others falter; Fed actions of the past bearing fruit
Martin Crutsinger, The Associated Press

WASHINGTON - The U.S. economy powered its way to a solid annual growth rate of 3.5 per cent from July through September, outpacing most of the developed world and appearing on track to extend its momentum through this year and beyond.

The result isn't a fluke.

It turns out the world's biggest economy did a lot of things right after the Great Recession that set it apart from other major nations. In the view of many economists, those key decisions, particularly by the Federal Reserve, appear to be paying off now.

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