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November 6, 2018

Next Fed rate hike likely in December

By MARTIN CRUTSINGER
AP Economics Writer

WASHINGTON — With the economy strong, wages rising and unemployment at a near-five-decade low, the Federal Reserve remains on track to keep raising interest rates — just not this week.

After the Fed's latest policy meeting, it's expected to signal a healthy outlook for the economy but to hold off on any further credit tightening, most likely until December. A rate hike in December would mark the fourth this year.


 
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