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PRC to announce recommended decision on postal rate hike
The Postal Regulatory Commission said yesterday that it would announce its recommended decision on the U.S. Postal Service's request to increase postage rates to the agency's board of governors on Feb. 26 at its offices in Washington. The USPS filed May 3 with the PRC for an average 8.5 percent rate increase. The PRC was expected to make a recommendation to the agency's board of governors on the case in March, although lately insiders had said that the decision most likely would be made earlier.