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Are US Central Bank Officials Signaling Interest Rate Hike Soon?

A series of back-to-back speeches by members of the U.S. Federal Reserve is raising the possibility that central bank policymakers may be signaling a rate increase soon. This week, Dallas Federal Reserve President Robert Kaplan said he expected at least two rate hikes in 2016. On Thursday, Fed Governor Jerome Powell said that despite global risks and steady but unremarkable growth in the U.S., the improving employment picture and rising inflation suggested “another rate increase may be...

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