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U.S. consumer prices rise at fastest pace in 30 years

U.S. consumer prices accelerated in October as Americans paid more for gasoline and food, leading to the biggest annual gain in 31 years, more...

Market action reinforces need for policy patience: Fed’s Rosengren

BOSTON: The recent volatility in financial markets reinforces the need for the Federal Reserve to be patient with its policy stimulus and to clearly tie an eventual interest-rate rise to improving economic conditions, a top Fed policymaker told Reuters.
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