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Fed to meet next week on debit card rule
WASHINGTON, June 21 |
WASHINGTON, June 21 (Reuters) - The Federal Reserve board will meet on June 29 to consider a final rule to limit the amount banks can charge merchants when a debt card is used, the Fed said on Tuesday.
The rule is required by the Dodd-Frank financial oversight law and has been closely watched by banks and retailers of all sizes.
(Reporting by Dave Clarke)
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