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US Fed sends clear signal about a December interest rate hike
Published Thu, Oct 29, 2015 · 09:50 PM
Washington
THE US Federal Reserve kept interest rates unchanged on Wednesday and, in a direct reference to its next policy meeting, put a December rate hike firmly in play.
Even as the Fed was debating a rate hike, Commerce Department data showed that the economy expanded at a slower pace in the third quarter as companies took advantage of gains in consumer and business spending to reduce bloated stockpiles.
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