Traders see early 2015 Fed rate hike, QE3 stays for now

A surprise pick-up in U.S. jobs growth has boosted the chances of the Federal Reserve raising interest rates sooner than had been expected, but it is likely to take several more months of strong employment data for the Fed to trim its bond purchases and rates won’t rise for at least a year after…

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Traders see early 2015 Fed rate hike, QE3 stays for now