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President will seek billions to boost jobs while offering suggestions for spending cuts.
President plans to call for additional stimulus spending in September address.
NBERs Martin Feldstein sees 50% chance of a renewed downturn.
Federal spending reductions could boost commercial real estate vacancies.
FOMC statement seen as a sign that more quantitative easing is still an option.
FOMC promises to maintain rates through mid-2013 in effort to spark U.S. economy.
