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Fed’s Lacker says four rate hikes in 2016 would be ‘gradual’

December 20, 2015 by · Leave a Comment 

Federal Reserve forecasts pointing to four interest rate hikes in 2016 show what the U.S. central bank means when it says it anticipates raising rates at a “gradual pace,” Richmond Fed President Jeffrey Lacker said on Friday.

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Fed’s Lacker says four rate hikes in 2016 would be ‘gradual’