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Fed Sees Improving US Economy, Leaves Door Open for Rate Hike

U.S. central bank officials concluded a two-day policy meeting on Wednesday saying the U.S. economy continues to expand at a moderate pace despite a slowdown in the energy sector and economic difficulties in other countries. The Fed noted recent job gains have been solid and projected continued improvement in labor market conditions in coming months. But absent from the Fed statement was the likelihood of a possible interest rate hike. Most economists believe the Fed will start raising...

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