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Monday, April 03, 2017

Feds Harker supports 2 more rate hikes this year

He added:
  • US inflation moving slowly but surely upward
  • Unemployment is at or near its natural rate
  • We don't need to rush but don't want to fall behind either
  • Rate hikes should be gradual in case and incremental
  • Repeats two additional rate hikes would be appropriate in 2017.

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