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Fed Chorus for March Hike Grows as Mester, Bostic Add Support

  • Easy current policy is out of sync with outlook, George says
  • Atlanta’s Bostic, St. Louis’s Bullard see possible March move
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Fed’s Mester Backs March Rate Hike Given Conditions Now
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Two Federal Reserve officials backed raising interest rates as soon as March and a third urged that the central bank begin winding down its bloated balance sheet sooner rather than later.