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Fed credibility test looms as market doubts Sept rate rise
Published Mon, Aug 24, 2015 · 09:50 PM
Tokyo
FUTURES traders are starting to bet the Federal Reserve will put off raising interest rates. Janet Yellen shouldn't heed them, said Kay Van-Petersen, a strategist at Saxo Capital Markets.
Contracts on the fed funds rate show traders cut the odds of a September increase by the Fed to 28 per cent on Mon…
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