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Fed officials jolt market with talk of pending rate hike

Their comments suggest rate-setters are worried about waiting too long in the face of pending economic stimulus

Published Wed, Mar 1, 2017 · 09:50 PM

California

A HANDFUL of Federal Reserve policymakers on Tuesday jolted markets into higher expectations for a March US interest rate increase, with comments that suggested rate-setters are worried about waiting too long in the face of pending economic stimulus from Washington.

New York Fed president William Dudle…

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