The Federal Reserve headquarters in Washington September 16 2015. REUTERS/Kevin Lamarque
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The debate over whether the U.S. Federal Reserve is readying an interest rate hike will get its umpteenth airing over the coming week, with all eyes on Chair Janet Yellen to provide some clarity.AmidYellen is likely to cement expectations for a slow pace of rate hikes.The Fed raised interest rates in December for the first time in almost a decade, but has since kept them on hold amid signs of faltering growth in the world economy and subdued U.S. inflation.New York Fed president William Dudley, a close ally of Yellen's, was among those sounding a more confident note in recent days on a possible near-term rate hike, citing broad progress in the U.S. economy.
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