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LGT Navigator: New economic data supports Fed hike in March

February 16, 2017

Latest U.S. economic data will probably support the Federal Reserve’s aim to tighten interest rates rather sooner than later, eventually already in March. The rate of consumer price inflation in the U.S. rose to +2.5%, the highest since March 2012, from +2.1% in December, topping the Fed’s +2.0% target.

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