Fed's Lacker: Rates should be 'significantly higher' than they are now

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Fed's Lacker: Rates should be 'significantly higher' than they are now

The U.S. economy appears strong enough to warrant significantly higher interest rates, Richmond Federal Reserve Bank President Jeffrey Lacker said on Friday.
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Bond Traders Split on September as Fed Rate Path Remains Unclear

The U.S. added 151,000 positions in August, less than the 180,000 median forecast of economists surveyed by Bloomberg, Labor Department data
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Philippine's Duterte Declares State of 'Lawlessness' After Bombing

At least 14 people were killed Friday in an explosion at a night market in Philippine President Rodrigo Duterte's home town of Davao City in the
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Microsoft's Challenge to Government Secrecy Wins Dozens of Supporters

SEATTLE – Dozens of allies threw their weight behind Microsoft on Friday in a case that challenges law enforcement's use of secrecy orders to cloak its pursuit of digital communications in investigations.
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Ireland Joins Forces With Apple to Combat the EU Tax Ruling

Ireland's cabinet agreed on Friday to join Apple aapl in appealing against a multi-billion-euro back tax demand that the European Commission has slapped on the iPhone maker, despite misgivings among independents who back the fragile coalition.
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