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Fed looks unlikely to hike next week after Brainard warning
September 13, 2016 by publisher · Leave a Comment
The Federal Reserve should avoid removing support for the U.S. economy too quickly, Fed Governor Lael Brainard said on Monday in comments that solidified the view the central bank would leave interest rates unchanged next week. Brainard said she wanted to see a stronger trend in U.S. consumer spending and evidence of rising inflation before the Fed raises rates, and…
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Fed looks unlikely to hike next week after Brainard warning