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Not time to hike US rate, will continue to buy bonds

neworleanssun.com
 2021-07-28

Cover picture for the articleWashington [US], July 29 (ANI/Sputnik): The time is not right yet to raise US interest rates as the Federal Reserve is still focused on buying bonds to support an economy recovering from the COVID-19 pandemic, Chairman Jerome Powell said. "Right now, it's not the ideal time to think about raising...

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