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Trump win casts doubt over Fed's rate-hike plans
Analysts wonder whether Yellen would quit earlier after Trump indicated he might replace the Fed chief after her term ends in January 2018
Add BT as a preferred sourcePublished Wed, Nov 9, 2016 · 09:50 PM
Washington
DONALD Trump's victory in the US presidential race throws into question the core assumption in global financial markets that the Federal Reserve will raise interest rates soon and follow with further gradual hikes over coming years.
Financial markets swooned after Mr Trump's win, with the dollar and stocks sinking and safe-haven sovereign bonds and gold shooting higher, reflecting fears of a prolonged global uncertainty over the Republican's policies.
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