U.S. inflation rise boosts dollar, Fed could be more hawkish

http - June 17th, 2014

By Michael Connor NEW YORK (Reuters) - The dollar edged up and U.S. Treasuries prices slipped on Tuesday as rising U.S. inflation drove speculation that the Federal Reserve, which is meeting this week, may raise interest rates sooner than global investors have been expecting. Wall Street stocks rose modestly, reversing earlier declines, though investors kept a watch on the turmoil in Iraq as the

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