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Thursday, May 26, 2016

#USA - Fed Indicates Interest Rates Could Rise 'Fairly Soon': wochit Business

Published on 26 May 2016
If data confirm the economy is continuing to grow and labor markets are still tightening, Federal Reserve Governor Jerome Powell said on Thursday a U.S. rate hike may come "fairly soon." The remarks may help tee up higher rates as soon as mid-June. Powell said the economy remains on a "solid footing." He views

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