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Near Fed majority backs June liftoff that Yellen hasn't yet endorsed
At meetings on March 17 and 18, Fed likely to remove the final verbal constraint to a June rate hike
Add BT as a preferred sourcePublished Mon, Mar 2, 2015 · 09:50 PM
Washington
JANET Yellen's premium on consensus may lead to a Federal Reserve decision the chair hasn't yet endorsed, as a near majority aligns in favour of a possible June interest rate hike.
Seven of the Fed's current 17 members have now said that they at least want the option of a June tightening on the table, or have pushed in general for an earlier increase amid an expectation that wages and inflation will turn higher.
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