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Wall Street flat as investors prepare for potential rate hike

Wall Street flat as investors prepare for potential rate hike

Monday, March 13, 2017, 8:44 PM

US stocks were little changed on Monday as investors preferred to hold their bets ahead of a widely expected interest rate hike by the Federal Reserve later this week. The Federal Open Market Committee, the central bank's policy-setting board, is expected to lift interest rates by a quarter point to 0.75% to one per cent after a two-day meeting that starts on Tuesday.
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