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Board to Decide Puerto Rico’s Financial Future; Fed Rate Boost Is on Way

#Breaking #News #USA
Board to Decide Puerto Rico’s Financial Future; Fed Rate Boost Is on Way

#Business Day
By @THE NEW YORK TIMES from NYT
Puerto Rico hopes to restructure more than $110 billion of debt and pension obligations — if it can produce a credible plan. The Fed on Wednesday is likely to give an indication of its future plans.
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