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August’s Jobs Report Shows It’s Time for the Fed to Raise Rates

By Robert Stein Sep 4, 2015, 11:20 am75 pts
Even by the loose standards of the monetary doves, the Federal Reserve should start raising interest rates this month. The unemployment rate fell to 5.1 percent in August, the lowest since early 2008 and right in the middle of the range the Fed believes is the long-term average.Some doves have…

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