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Send  Print  Share  RSS  Twitter  04 Jan 2010

U.S. rate hikes in 2010? Plausible, but not a given

 
From the first inklings of U.S. economic growth after the deepest recession since the 1930s, some investors have extrapolated a robust expansion that will force the U.S. Federal Reserve to raise interest rates in the second half of next year.
Their reasoning, based on the notion that companies overreacted to last year`s epic financial meltdown by cutting staff and production too sharply, has some merit.

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