business
Inflation pressures raise prospect of Fed rate hike on eve of elections
Mounting inflation pressures and a strengthening economy look to be pushing the Federal Reserve towards an interest-rate hike on the eve of critical national elections, with traders on Wednesday piling into bets on a second straight policy tightening in late October.
SAN FRANCISCO/WASHINGTON, Sept 23 (Reuters) - Mounting inflation pressures and a strengthening economy look to be pushing the Federal Reserve towards an interest-rate hike on the eve of critical national elections, with traders on Wednesday piling ... [4278 chars]
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