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The U.S. Postal Service Board of Governors has apparently avoided the need to raise postage rates sooner than it wanted. A key deadline for the rumored hurry-up rate hikes passed yesterday when the Consumer Price Index numbers for November were announced. As the board drew close to losing its quorum last week (because of Congressional inaction), there was talk the governors were preparing rate hikes that would be announced this week and implemented in the spring. That appeared to be the last chance for the governors to raise rates until Congress got around to approving new governors.
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