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Fed holds rates steady, sets stage for December hike
November 2, 2016 by admin · Leave a Comment
The Federal Reserve kept interest rates unchanged on Wednesday in its last policy decision before the U.S. election, but signaled it could hike in December as the economy gathers momentum and inflation picks up. Fed policymakers also expressed more optimism that inflation was moving toward their 2 percent target. “The committee judges that …
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Fed holds rates steady, sets stage for December hike