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Odds of Fed rate hike surge after prices rise faster than expected - Politico

A decision to raise rates next week would come at a politically fraught time — less than two months before a midterm election that will determine control of Congress.

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If you dont deliver after that big speech, people are really going to be like: This is not a credible Fed, said Omair Sharif, president of Inflation Insights. Indeed, the stakes for Warsh are higher… [+1789 chars]

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