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Fed set to raise interest rates, give more detail on balance sheet wind-down

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Low-wage workers and their supporters marching around the New York Federal Reserve during a rally to call on the Fed not to raise interest rates this week.

Washington

THE US Federal Reserve is widely expected to raise its benchmark interest rate this week due to a tightening labour market and may also provide more detail on its plans to shrink the mammoth bond portfolio it amassed to nurse the economic recovery.

The central bank is

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