Fed's Dudley hopeful on US rate hike this calendar year

April 20, 2015 1:24 PM

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Fed's Dudley hopeful on US rate hike this calendar year

Economic performance will determine when the Fed raises U.S. interest rates from near zero, he said, adding he hopes to tighten policy this year.

Economic effectiveness will ascertain when the Federal Reserve finally raises U.S. curiosity costs from in the vicinity of zero, an influential Fed official claimed on Monday, incorporating he hopes to tighten coverage later on this year.

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