16-08-2016 15:40 via news.yahoo.com

Fed's Dudley says 'possible' to hike rates next month: FBN

"We're edging closer towards the point in time where it will be appropriate I think to raise interest rates further," Dudley said on Fox Business Network. Given the U.S. economy grew at only a 1-percent rate in the first half of the year, "we probably don't have a lot of monetary policy tightenings to do over time," said Dudley, a permanent voter on rates and a close ally of Fed Chair Janet Yellen. "But the labor market is getting tighter and we're starting to see signs of wage gains starting to
Read more »