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Fed's attempts to lift rates falter as firms waver

Many companies still think they can't push through price increases, even after eight years of economic expansion

Published Thu, Jun 22, 2017 · 09:50 PM

Washington

IT'S like bringing a knife to a gunfight.

That's how McKinsey & Co consultant Walter Baker describes the plight of corporate salespeople doing battle with purchasing managers in the US today.

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