Correspondent, Chicago
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Jan 16, 2015

Low inflation no bar to rate rise, U.S. Fed officials say

SAN FRANCISCO, Jan 16 (Reuters) – The Federal Reserve is
still on track for a potential mid-year interest-rate increase,
a top Fed official said on Friday, citing strong U.S. economic
momentum and a falling unemployment rate.

“There is no need to rush to raise rates; at the same time
we want to make sure that we appropriately act in a way that we
don’t get behind the curve,” San Francisco Federal Reserve Bank
President John Williams told reporters at the bank’s

Jan 16, 2015
    • About Ann

      "Coverage includes Federal Reserve regional banks, U.S. monetary policy, interest-rate futures markets, and financial exchanges and clearinghouses serving the derivatives marketplace, including CME Group."
      Joined Reuters:
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