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Fed’s Mester says gradual rate hikes still appropriate after jobs report

June 5, 2016 by · Leave a Comment 

The latest disappointing U.S. jobs number has not changed the overall economic picture and gradual rate hikes remain appropriate, Cleveland Federal Reserve President Loretta Mester said on Saturday. The Fed raised rates in December for the first time in nearly a decade. “I still believe that in order to achieve our monetary policy goals, a gradual upward pace

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Fed’s Mester says gradual rate hikes still appropriate after jobs report

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Asian shares fall, while Japan’s gain as brakes applied to strong yen

April 8, 2016 by · Leave a Comment 

SINGAPORE/TOKYO (Reuters) – Most Asian shares fell to three-week lows on Friday, but Japan bucked the trend after its finance minister pledged to guard against strong moves in the yen in either direction. While that led to a slight retreat in the yen from a 17-month high against the dollar, the Japanese currency is

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Asian shares fall, while Japan’s gain as brakes applied to strong yen

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Fed’s Williams eyes two 2016 rate hikes: Fox Business Network

April 8, 2016 by · Leave a Comment 

San Francisco Fed President John Williams said Thursday that at least two interest-rate hikes this year is the “right course” so long as the U.S. economy continues to grow, businesses add jobs, and inflation picks up as he expects. “If the …

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Fed’s Williams eyes two 2016 rate hikes: Fox Business Network

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Yellen, alongside Fed alum, says rate hikes on track

April 8, 2016 by · Leave a Comment 

The U.S. economy is on a solid course with some hints of inflation so the Federal Reserve is on track for further interest rate hikes, Federal Reserve Chair Janet Yellen said on Thursday in a defense of her decision to tighten

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Yellen, alongside Fed alum, says rate hikes on track

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Fed’s Lacker says four rate hikes in 2016 would be ‘gradual’

December 20, 2015 by · Leave a Comment 

Federal Reserve forecasts pointing to four interest rate hikes in 2016 show what the U.S. central bank means when it says it anticipates raising rates at a “gradual pace,” Richmond Fed President Jeffrey Lacker said on Friday.

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Fed’s Lacker says four rate hikes in 2016 would be ‘gradual’