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Credit Suisse Sees September Rate Hike, Five Increases In 2016
Wednesday, June 17, 2015 - 1:49pm | 344The Federal Reserve will increase interest rates twice in 2015 starting in September, followed by five hikes next year, according to a new Credit Suisse report. Although a September rate hike could knock 10 percent off the market initially, stocks tend to rise in periods of rate tightening, the...