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AWFUL: Fed Officials Confront New Reality: Low Inflation and Low Unemployment….

AWFUL: Fed Officials Confront New Reality: Low Inflation and Low Unemployment.
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Low Inflation No Bar To Rate Rise, U.S. Fed Officials Say

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By Ann Saphir SAN FRANCISCO (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. ...

Inflation report could help determine if the Fed hikes again in 2017

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A report on inflation highlights this week's economic news. Also on tap: reports on retail sales, industrial production.        

Fed Slashes Economic Outlook, Raises Inflation And Unemployment Rate Projection

Business & Finance : Zero Hedge

And it just gets uglier: FED OFFICIALS SEE 2011 GDP 1.6%-1.7% VS 2.7%-2.9% FED OFFICIALS SEE 2012 GDP 2.5%-2.9% VS 3.3%-3.7% FED OFFICIALS SEE LONGER-RUN GDP 2.4%-2.7% VS 2.5%-2.8% FED OFFICIALS SEE 2011 UNEMPLOYMENT 9.0%-9.1% VS 8....

Low inflation means no hurry to taper stimulus, top Fed official says

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WASHINGTON -- A top Federal Reserve policymaker said Monday that low inflation meant there was no hurry to reduce a key central bank stimulus program, which has made "substantial progress" in lowering unemployment.

Fed Officials Confront New Reality: Low Inflation and Low Unemployment

Business & Finance : DealBook

A growing number of officials see a need to adjust the central bank’s assumptions on the economy, according to an account of the latest policy meeting.

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