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COMMENT: Why the Fed’s rate rise matters for the N. American truck market

BY OLIVER DIXON. The US Fed’s decision to opt for a December rate rise leaves North American truck buyers weighing the likelihood of not two but three raises in 2017

That the US Federal Reserve has chosen to raise rates by 0.25% is of no surprise. Had it chosen not so to do, the impact would have been seismic.

So, nothing to see here.

But put this into a more historical context and the December announcement is highly significant.

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