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Economics

Expect slow "boil" Fed hikes: Hamish Douglass

Federal Reserve chair Janet Yellen has delayed the interest rate lift off; supporting Magellan chief investment officer Hamish Douglass' view that tightening will be drawn out over many years.

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Read more: Hamish DouglassFederal ReserveJanet YellenMagellan Global FundShane OliverTreasury Inflation-Protected SecuritiesWestin Hotel