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US Central Bank Split on When to Raise Rates

U.S. central bank officials disagreed widely last month on when they might begin lifting interest rates from record lows. Minutes of the March 17-18 Federal Reserve (Fed) meeting released Wednesday reveal that several policymakers predicted a rate hike in June, while others concerned about low inflation didn't think a rate hike would be warranted until later this year. Still others said the economy wouldn't be strong enough for an increase until 2016. The Fed's benchmark...

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