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06.06 - 19:20
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Fed Officials Suggest June Rate Rise Will Be Close Call
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Federal Reserve officials indicated the decision to raise interest rates at their meeting next month was shaping up as a close call, with another policy maker Thursday hinting she would support another increase.
Dallas Fed President Lorie Logan, a key centrist on the Fed’s policy-setting committee, suggested that barring further weakness in the economic outlook, she would be prepared to lift the benchmark federal-funds rate by a quarter percentage point at the central bank’s June 13-14 meeting.
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