Fed's Powell: Case for a hike 'clearly strengthened' since early November

Fed's Governor Jerome H. Powell is hitting the wires, via Reuters, stating that the case for a rate hike 'clearly strengthened' since early November

Key headlines (via Reuters):

  • Fed, while patient, should avoid hiking rates too slowly
  • U.S. economy healthy, job gains solid, inflation rising
  • 'Not far' from u.s. inflation, employment goals
  • Some price measures have risen recently, important they keep rising
  • Economic growth 'clearly strengthened' since h1
  • Higher U.S. fiscal spending on public infrastructure may raise private-sector productivity

EUR/GBP: Italian referendum and EU politics weighs

Currently, EUR/GBP is trading at 0.8499, down -0.51% on the day, having posted a daily high at 0.8563 and low at 0.8467. EUR/GBP has been moving high
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OECD raises 2017’s to 3.3% from 3.2% - UOB

Analysts at OUB Group noted recent developments on a macro and central bank theme. Key Quotes: "The Organisation for Economic Co-operation and Devel
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