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Melinda Peer

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The FOMC offered no surprises Wednesday as it kept the target fed funds rate unchanged at near zero and said it would complete its plan to buy $600 billion of long-term securities by June, as planned.

The Federal Reserve's policymaking arm offered no surprises Tuesday as it kept the target fed funds rate unchanged at near zero.

The Fed is expected to keep its target rate near zero, but the market will be looking for hints as to when and how the central bank will unwind stimulus pr