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Fed lifts US interest rates

US stocks and gold dropped as the Federal Reserve defied President Donald Trump and lifted rates

Kristie Batten
Fed lifts US interest rates

There were growing calls for the Fed to hold off on a December rate rise, and gold ran as high as US$1262.20 an ounce in the lead-up to the outcome. It has since pulled back to $1247/oz. The Fed...

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