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Brace for higher US interest rates from the Fed

The bond market has been pushing interest rates higher in recent weeks. Though the Federal Reserve Board’s Federal Open Market Committee kept the benchmark federal funds rate unchanged at its Aug. 28-29 meeting, it could well follow suit by year’s end. The policy statement the FOMC released after that meeting left markets and commentators wondering […]

The post Brace for higher US interest rates from the Fed appeared first on Asia Times.

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