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WALL STREET INSIGHT

Fed holding pattern to persist, unless jobs data is spectacular or disastrous

Mon, Aug 03, 2015 - 5:50 AM
btworld@sph.com.sg@BusinessTimes

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PHOTO: AFP

US stocks rose slightly last week and last month as traders bet the Federal Reserve would hold off on interest-rate hikes for a few months. The holding pattern will persist this week, unless employment data on Friday is spectacular or disastrous.

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