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U.S. markets rose for the fourth straight session as investors positively digested comments coming from the St. Louis Fed.
Jim Bullard, the St. Louis Fed chief said that inflation is low but moving back toward the two percent target. As such, Bullard argued that the Federal Reserve Open Committee is much closer to its goals today than at any time in the past five years.
“With inflation still below target, albeit rising, and unemployment still high, but falling, the Committee faces a classic monetary policy challenge,” Bullard wrote in a
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