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Federal Reserve official says Iran war pushed her toward supporting rate hike

Federal Reserve official says Iran war pushed her toward supporting rate hike
Photo: KSAT 12 (ABC affiliate) · view original

A top Federal Reserve official said Monday that the renewal of combat in the Middle East in August was a key reason she supported raising borrowing costs last week, when she also penciled in a second rate hike for later this year. Susan Collins, president of the Federal Reserve Bank of Boston, s...

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