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US Fed sends clear signal about a December interest rate hike

Ms Yellen has been saying that a rate hike would likely be needed in 2015 to keep the economy from eventually overheating


THE US Federal Reserve kept interest rates unchanged on Wednesday and, in a direct reference to its next policy meeting, put a December rate hike firmly in play.

Even as the Fed was debating a rate hike, Commerce Department data showed that the economy expanded at a