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And RBC's Tom Porcelli adds "the truth......>

US VIEW
US VIEW: And RBC's Tom Porcelli adds "the truth is, if the Fed is met with a
situation where inflation is below target but steady (even at 1.5%), all the
while financial conditions continue to ease in the face of monetary policy
tightening, they are probably more than willing to continue raising rates at a
gradual pace."

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