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Fed rate hike is about Wall Street, not inflation, says economist

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Importance 49Neutral* Trust 85 · 1 source4.8Market Impact: 4.8/10 · Moderate
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
Fed rate hike is about Wall Street, not inflation, says economist

Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week.

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