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Fed’s Mester says she doesn’t see compelling case to start with 50 bps rate hike

Fed's Mester says she doesn't see compelling case to start with 50 bps rate hike

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It is time for the Federal Reserve to start removing accommodation and raising interest rates, but it is not necessary for the central bank to launch its rate hike cycle with a half percentage point increase, Cleveland Federal Reserve President Loretta Mester said on Wednesday.

...read full article on Reuters

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