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HOCK LOCK SIEW

Fed rate hike could be disastrous for US consumers

FOMC.jpg
In the early hours of Friday morning, traders around the world will know the outcome of one of the most anticipated US Federal Open Market Committee (FOMC) meetings in recent history.

IN the early hours of Friday morning, traders around the world will know the outcome of one of the most anticipated US Federal Open Market Committee (FOMC) meetings in recent history.

Those who think the FOMC will not raise rates at that meeting point to the chaos that higher interest

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