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Investors Watch as US Fed Ponders Interest Rates

Top officials of the U.S. central bank are debating how soon and how much to raise the key interest rate. The U.S. Federal Reserve cut short-term interest rates to nearly zero during the recession to bolster economic growth. Low interest rates make it less expensive for businesses to borrow the money needed to buy new equipment to expand and hire more workers. It also makes it easier for consumers to spend, and consumer demand drives most U.S. economic activity. Rising economic growth...

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