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Enterprise Information Roundup, Feb. 22

Economic system

Fed assured

about progress

Sturdy financial progress has elevated the boldness of Federal Reserve officers that the financial system is prepared for increased rates of interest, in keeping with an official account of the Fed’s most up-to-date policymaking assembly in January.

The Fed cited the power of current financial knowledge, monetary circumstances and the influence of a serious tax lower that took impact in January, which it stated would possibly ship a larger-than-expected improve in near-term financial progress.

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