The Traderszone Network

Published in TZ Latest News 12 November, 2015 by The TZ Newswire Staff

Fed officials lay case for December liftoff

WASHINGTON/NEW YORK (Reuters) – U.S. Federal Reserve officials lined up behind a likely December interest rate hike with one key central banker saying the risk of waiting too long was now roughly in balance with the risk of moving too soon to normalize rates after seven years near zero. Other Fed policymakers argued that inflation should rebound, allowing the Fed to soon lift rates from near zero though probably proceed gradually after that.

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