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    02.10.2015 14:05 Boston Fed President Eric Rosengren: the interest rate hike is still possible

    Boston Fed President Eric Rosengren said on Friday that the interest rate hike is still possible. He noted that the Fed could start raising its interest rates this year if the U.S. economic data will stay strong.

    Rosengren pointed out that the strengthening U.S. labour market is key to reach the 2% inflation target.

    Boston Fed president also said that commodity and oil prices have a temporary effect on inflation.

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