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Fed's Lacker: Case for a rate increase strong in September

Richmond Fed's President Jeffrey M. Lacker is hitting the wires via Reuters, during a testimony on Capitol Hill, where he said that the case for a rate hike in September is strong.

Key headlines (via Reuters):

  • We need to make up ground on interest rates
  • Paramount to keep inflation low and stable
  • Over-stimulating economy may risk inflation

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