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EDITORIAL
Federal Reserve likely to start raising rates later rather than sooner
Most experts reckon that the US Federal Reserve will embark on an interest rate-raising cycle this year, the only question being the timing of the first hike.
PHOTO: AFP
MOST experts reckon that the US Federal Reserve will embark on an interest rate-raising cycle this year, the only question being the timing of the first hike.
This comes from a growing belief that the US economy is expanding at a sustainable rate of at least 2 per cent per annum, a belief...
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