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Posted AT 5:04 PM EDT on 07/05/04

Inflation, Dell earnings in focus

Globe and Mail Update

Strong jobs numbers have put a June 30 interest-rate hike from the U.S. Federal Reserve "squarely on the table", Merrill Lynch chief North American economist David Rosenberg said Friday. But a replay of 1994 — when the Fed hiked eight times in a year — probably isn't going to happen, he said.

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