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Finance & Markets

Bill Dudley Expects Fed to Raise Rate by 25 Bps

Bill Dudley, a Bloomberg Opinion columnist and former president of the Federal Reserve Bank of New York, says he would be shocked if the Federal Reserve did not raise interest rates by 25 basis points at their next meeting. He speaks on "Bloomberg The Close." (Source: Bloomberg)

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U.S. Stocks Rise as Oil Retreats

U.S. stocks snapped a four-session losing streak as an interruption to the torrid run in oil prices offset a reading of higher consumer inflation.

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