Asia stocks shake off U.S. tech slump, loonie jumps on rate hike prospect
June 13, 2017Stock futures up as tech stocks recover; Fed meeting in focus
June 13, 2017Fed set to raise interest rates, give more detail on balance sheet winddown
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WASHINGTON (Reuters) – The U.S. Federal Reserve is widely expected to raise its benchmark interest rate this week due to a tightening labor market and may also provide more detail on its plans to shrink the mammoth bond portfolio it amassed to nurse the economic recovery.
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