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The Economic Times
The Economic Times
Business

Fed officials give hints on rate decision as markets cut October rate hike odds

Federal Reserve officials have gone quite a long way to offer strong signals into possible direction of interest rates despite chairman Kevin Warsh's strong reluctance to give any guidance whatsoever, and that has helped traders reassess their positions on the rate decision, according to a Bloomberg report.

Fed Vice Chair Philip Jefferson and New York Fed President John Williams have in recent days suggested that policymakers believe the central bank has time to assess the economy before considering another increase.

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