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Mon, May 08, 2006 - Page 10 News List

US interest rate debate heats up

PAUSE, OR NOT?While most economists say it's 'virtually certain' the US Fed will increase rates this week, they are less sure about the direction it will take after that

AFP , WASHINGTON

"Based on the information in hand, it seems reasonable to expect that economic growth will moderate toward a more sustainable pace as the year progresses," Bernanke told the US Congress on April 27.

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