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The U.S. economy continued to improve steadily throughout 2014. That will have businesses watching the Federal Reserve closely this year as it adjusts its policies to prevent the economy from either backsliding or overheating. At stake is the attractiveness of loans for business expansion and residential growth, the steadiness of the financial markets and the threat of inflation.
One focal point is a Federal Reserve program known as Quantitative Easing. Through the unprecedented policy, the Fed…