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Fed to hike twice in 2016, undeterred by external risks: Reuters poll
Growing concerns about weak global growth and inflation are unlikely to deter the U.S. Federal Reserve from tightening policy, according to a Reuters poll that suggested two interest rate hikes are likely this year. The Fed's December decision to raise rates for the first time in nearly a decade has been under scrutiny recently, with some market players suggesting it was a mistake and that Chair Janet Yellen may have to backtrack. But most economists disagree. The poll of over 80 analysts predicted another hike would come in the second quarter and penciled in one more towards the end of the year, which would leave ... (full story)
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