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EDITORIAL

Deflation risks suggest Fed should hold off on interest rate hikes till 2016

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On Sept 16, the Federal Open Market Committee (FOMC) of the US Federal Reserve will meet to decide whether it should increase the benchmark Fed Funds rate for the first time since 2006.

ON Sept 16, the Federal Open Market Committee (FOMC) of the US Federal Reserve will meet to decide whether it should increase the benchmark Fed Funds rate for the first time since 2006.

Expectations have been running high that the Fed will finally act. But recent economic and market

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