Prudential's Peters says expects no Fed rate hike in December

The U.S. Federal Reserve will likely not raise benchmark interest rates in December, according to one of Wall Street's most widely followed investors. "I think their window has closed on them," said Greg Peters, who helps manage more than $550 billion in assets as senior portfolio manager at Prudential Fixed Income, a unit of Prudential Investment Management. Most economists expect the Fed to raise rates for the first time in nearly a decade before the end of this year, but fresh signs of a weak