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So-called 'average statistics' are hiding what’s really occurring in the U.S., says billionaire Ray Dalio, and prompting policy makers to see a brighter economic picture than the reality. (Photo: Shutterstock)

(Bloomberg) – The Federal Reserve should more closely monitor the economic struggles of the bottom 60 percent of the economy when making policy since “average statistics” are camouflaging what’s really occurring in the U.S., billionaire Ray Dalio wrote in a report Monday.

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