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The Fed could be forced to reverse rate hikes

Monday, December 21, 2015 - 05:50
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The US Federal Reserve is slowly raising the cost of borrowing after seven years of exceptionally loose monetary policy.

THE US Federal Reserve is slowly raising the cost of borrowing after seven years of exceptionally loose monetary policy. But by taking so long, there's a danger the central bank under Chair Janet Yellen may need to cut rates again relatively soon. While a swift retreat might be insignificant on