Investors raise bets on December Fed hike

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Investors raise bets on December Fed hike

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Marriner S. Eccles Federal Reserve Board Building is located in Washington D.C., USA. It was designed by Paul Philippe Cret and built in 1937. It was previously called Federal Reserve Building. | Roman Babakin/R.Babakin - stock.adobe.com

Investors in the US futures market are for the first time in weeks betting on a more than 50% chance of one more rate rise by the Federal Reserve this year, after stronger than expected US retail sales figures.

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