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September 01, 2020 10:18am
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Fed’s Lockhart: Time to Hike Rates Approaching

Atlanta Fed President Dennis Lockhart said Thursday that the U.S. economy has stabilized and it is almost strong enough to allow the Fed to begin raising interest rates. Reuters: “The time is approaching when it will be appropriate to consider recalibrating interest rate policy. I do not believe that time has yet arrived,” [...]
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