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Fed hikes rate, loose policy stays

China Daily | Updated: 2010-02-20 07:46

Fed hikes rate, loose policy stays

The US Federal Reserve building in Washington, DC. The Federal Reserve's move to raise its discount rate may prove a plus for Asian countries by helping to address global inflation, according to an official at the Asian Development Bank. Bloomberg News

US discount-rate move signals end to emergency measures

Fed hikes rate, loose policy stays

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