Fed Officials Make Case for 2015 Liftoff After September Hold

Three Federal Reserve policy makers argued on Saturday for lifting the central bank's key interest rate before year-end, countering bets by many traders that the Fed will wait until 2016. Laying out their rationale for a rate increase at one of the Fed's two remaining meetings of 2015, the central bankers cited continued improvement in the domestic economy, including low unemployment, which they suggested overshadowed concerns about global conditions and volatile financial markets....(read more)

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