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Fed to take a step toward a March interest-rate hike
The Federal Reserve will make subtle, hawkish, changes to its statement next week to confirm what the market now expects: a rate hike is coming in March. The members of the Fed’s interest-rate setting body will want to send “some modest signal” that a rate hike is very likely at the March meeting, said Thomas Simons, a money market economist with Jefferies. Michael Pearce, senior U.S. economist at Capital Economics, agreed, saying the signal of a March rate hike can be small, even just a change in tone. “It doesn’t need to be much,” he said. The Fed doesn’t have to bang its shoe on the table because the ... (full story)
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They wanna push you off the path with their frequency wires
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