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Economy

Fed likely to hold rates steady as it navigates data blind spots

Updated : January 30, 2019 02:32 PM IST

Further afield, China tried to boost lending for its slowing economy, the European Central Bank acknowledged ebbing growth in the euro zone, and the International Monetary Fund cut its world economic growth forecast and warned that global trade had nosedived as major nations squabbled about tariffs.
As they conclude their latest two-day policy meeting on Wednesday, Fed policymakers will have to decide how big a risk all of that poses to the near-decade-long US economic expansion.
Fed likely to hold rates steady as it navigates data blind spots
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