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Fed: June Interest Rate Hike Unlikely

Top officials of the U.S. central bank appear unlikely to raise the key interest rate in June as some analysts had expected. Notes from the most recent meeting at the U.S. Federal Reserve shows officials trying to make sense of disappointing recent economic data that show the economy growing more slowly than expected, and inflation remaining lower than they consider ideal. The summary was made public Wednesday after the customary three-week delay. The next scheduled meeting of the...

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