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No-show inflation poses conundrum for US Fed

Monday, July 24, 2017 - 05:50

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While the Fed is expected to implement one more rate increase late this year, there are divisions among policymakers on the timing.

Washington

AFTER tightening monetary policy last month for the second time this year, the US central bank is expected to pause for the next few months to monitor developments. The Federal Reserve will leave the benchmark interest rate untouched when it meets on Tuesday and Wednesday,

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