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FED DOUBTS GROW ON 2015 RATE HIKE

The chances of a Federal Reserve interest-rate increase in 2015 are diminishing amid new signs of anemic economic activity, a disappointing development for central bank officials who have been hoping to move this year after a prolonged period of easy-money policies. Lackluster readings on consumer spending, inflation and jobs have virtually eliminated the chances of a move this month, Wall Street Journal reports.

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