• Business Highlights

    4 monthes ago - By Chron

    Fed watchers await rate forecast with a hike all but certain
    WASHINGTON - Another interest rate increase is all but certain when the Federal Reserve meets this week. What's not so sure is whether the vigorous U.S. economy will lead the Fed to accelerate its rate hikes in the months ahead - a move that could raise the risk of a recession. When it last met in May, the Fed left its short-term rate unchanged. The challenge would be to do so without slowing growth so much as to cause a downturn.
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