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Debate shifts to how fast the Fed should move after first rate hike

Stagnant US inflation has become less of a concern in light of continued improvement in labour markets

Published Sun, Dec 14, 2014 · 09:50 PM
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Washington

FOR the Federal Reserve, deciding when to raise rates for the first time in nearly a decade has become the easy part.

The harder call, and one increasingly preoccupying US central bankers, is how fast to move after that, navigating stuttering global growth and nervous markets on the Fed's long journey back to pre-crisis policies.

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