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Analysts Predict Fed may Delay Rate Hike

China’s central bank devalued its currency Tuesday (8-11), a move that could delay a Fed interest rate hike, according to economists. “What is of interest is how the U.S. will react to this move,” Nour Al-Hammoury, chief market strategist of ADS Securities said, according to MarketWatch. “It will almost certainly cause [Fed Chairwoman] Janet Yellen…
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