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Wall Street Indexes Fall on NY Fed Chief Comments

US stock prices fell to their lowest level in two weeks after New York Federal Reserve President William Dudley said a September rate hike may be on the table. Dudley, a voting member of the central bank’s policy making arm, says the labor market has tightened and wages are rising. “I think we’re getting closer to the point in time when it will be appropriate to actually raise short-term rates again,” said Dudley on Tuesday. Dudley’s comments sent all three major...

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