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Fed to hold rates steady, put December hike firmly in view

November 1, 2016 by · Leave a Comment 

The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday but set the stage for a hike in December amid signs the economy is picking up steam. The central bank has grown increasingly confident about raising rates and Chair Janet Yellen said in September that a move before the end of the year was likely should…

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Fed to hold rates steady, put December hike firmly in view