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Higher taxes prove no bar to states employment growth.
ECB president reminds Germany of its responsibility to anchor the euro.
Credit constraints and an inventory overhang will limit improvement.
Fed Chairman Bernanke isnt likely to signal new stimulus in his speech Friday.
German chancellor says efforts to resolve Europes debt crisis are at decisive phase.
U.S. CFOs median reading on global economy slips to 44.1, from 51.9 in Q1.