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Federal Reserve officials presented a rosy economic report card to Congress on Friday, playing down risks to growth from trade tensions and declaring that the financial system is “substantially more resilient than during the decade before the financial crisis.”

"Fed Plays Down Trade Woes and Suggests Rosy Economic Outlook" is from the July 13, 2018 U.S. section of The New York Times. It was written by Jim Tankersley and narrated by Mike DelGaudio.

©2017 The New York Times News Service Division of The New York Times Company (P)2017 Audible, Inc.

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