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High chance of Dec hike in US interest rates

Monday, November 9, 2015 - 05:50
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The Federal Reserve building iis pictured n Washington, in this Sept 1, 2015 file photo.

AFTER Friday's US employment report, the odds that the US Federal Reserve will raise interest rates in December have climbed significantly. What this means is that markets will have to accelerate their adjustment to a world of higher US interest rates, a painful process that will see stocks

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