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Inflation is likely to remain near the target level of the Fed at 2%
U.S. GDP is likely to grow by 3% this year and next
The unemployment rate should fall to 7.8% by year end
The inflation rate is likely to fall to 7% by the end of 2013
The Fed should follow the approach of "balance" of monetary policy
The Fed can not do much for employment in the long term
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