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US Fed: Next rate hike will be soon

But it may wait to see if weak growth earlier this year is temporary, opening the possibility of a delay

Fed officials believe the economy is expected to see a boost from overseas demand for US exports, the FOMC minutes say.


US central bankers say it will "soon" be time to raise the key lending rate again, according to minutes from the last Federal Reserve meeting released on Wednesday.

Monetary policymakers say they may wait, however, to see if weak growth recorded earlier this year was...

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