Chris Rupkey on Federal Reserve

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Last quote by Chris Rupkey on Federal Reserve

The meeting minutes make plain that the case for a rate hike was a close call and it looks like the only way [Federal Reserve Chairman Janet] Yellen could hold down the get-going voices of the hawks was to promise them a rate hike later this year. At this point there would have to be some very weak economic data for the Fed not to raise rates in December.feedback
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Oct 13 2016
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