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Banking Committee Tuesday that a rise in interest rates is very likely. "The committee will evaluate whether employment and inflation are continuing to evolve in line with these expectations, in which case a further adjustment of the federal funds rate would
generalizable or replicable to other settings,” he said. He added that there was a “real risk that there will be an inflation of expectations by high-wage earners that the Trump administration will come in for each one of these spots as they arise." Trump tweeted
Reserve Vice Chairman Stanley Fischer said the U.S. economy was nearing the central bank's goals for unemployment and inflation . "We are close to our targets," he said Sunday. "Not only that, the behavior of employment has been remarkably resilient
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