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Macroeconomic Data

No U.S. Rate Hike This Year

U.S. Federal Chairman Ben Bernanke says interest rates will remain low and dampened enthusiasm for QE3. But one heavyweight thinks QE3 could come in August.
Forget about a U.S. rate hike and the third tranche of quantitative easing, also known as QE3, say analysts after hearing U.S. Federal Reserve Chairman Ben Bernanke’ speech after its periodic federal open market committee meeting. READ MORE HERE

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