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"A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting Sept. 20-21: RATE HIKE TIMING: Now: The Fed now simply needs just some additional evidence that the economy is improving: The Fed judges that the case for an increase in the federal funds rate has continued to strengthen but decided, for the time being, to wait for some further evidence of continued progress toward its objectives. Then: The Fed judges that the case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives. INFLATION: October: The statement removed a reference to inflation remaining low, a sign that Fed policymakers see inflation firming: Inflation is expected to rise to 2 percent over the medium term as the transitory effects of past declines in energy and import prices dissipate and the labor market strengthens further. September: Inflation is", www.foxnews.com
"Source: ThinkstockFederal Reserve Governor Lael Brainard addressed the Chicago Council on Global Affairs Monday and outlined what she called “the contours of today’s economy that will be particularly important” in shaping Fed policy in the future. In her remarks Brainard noted that inflation has been undershooting its 2% target and that the Phillips curve, a […]", 247wallst.com
"There have been so many false alarms warning of inflation’s imminent return over the past decade that it’s hard to keep track. There was the initial unease after the Federal Reserve cut interest rates to zero, and another scare when it started buying up massive quantities of bonds. And then the time the European Central Bank drove its benchmark rate into negative territory.", www.bloomberg.com
"Read more about Fed measure to stimulate US economy on Business Standard. The Federal Reserve could push banks to lend more by paying Wall Street smaller returns on money stashed at the US central bank when inflation is low, according to an academic paper presented on Saturday.The proposal was one of several discussed at", www.business-standard.com
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