Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Case for Fed pause builds after crisis-echoing move on swaps

Fed was expected to raise rates by a quarter point this week

Bloomberg News

The case for the Federal Reserve to forgo an interest-rate hike strengthened in the eyes of some central bank watchers following a coordinated global move to ease growing financial strains. Ahead of the weekend, most economists had been forecasting that the Fed would raise its benchmark rate by a quarter percentage point on Wednesday, to a range […]

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