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US economy ‘chugging along’ – Fed’s Tarullo

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Edinburgh) - Daniel Tarullo, Governor of the Federal Reserve Board, has admitted that there is too much emphasis on the timing of the Fed’s lift-off.

    He also argued that the economy remains a ‘mixed picture’, while a lot of uncertainty still persists around inflation environment. Tarullo stressed that the economy is ‘not close’ to meet its inflation target, adding that it ‘might be better’ to wait for prices to pick up.
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