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That may require them to accept any accompanying bounce in inflation. Six central banks, most of them in emerging markets, are still predicted to hike, including Brazil, Russia and Nigeria. Turkey is the only one of those monitored which is forecast to cut borrowing costs this year. Federal ReserveCurrent federal funds rate upper bound : 0. That test could be met sooner than anticipated if the U. The Fed has also signaled it expects to keep rates near zero through The Labor Unions In Carl Deglers Out Of Our Past
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