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Tuesday, December 12, 2017

Here’s why the Fed will hike interest rates

Inflation is well below the Fed’s 2% target and barely stirring. Yet Federal Reserve officials have insisted they intend to raise interest rates on Wednesday. What gives? The answer is that, the central bank’s goal with interest-rate policy is to engineer “moderately” tighten financial conditi...

Here’s why the Fed will hike interest rates

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