Rate hikes based on economic data not preconceived notions

Cleveland Federal Reserve President Loretta Mester did not use the exact phrase “data dependent,” which was so popular under previous central bank chief Janet Yellen, but on CNBC’s “Squawk Box” Friday she repeatedly said that economic numbers “inform our outlook” on interest rates.

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Three tax moves to make before the end of the yearA woman touches an ATM machine for digital currency Bitcoin in Hong Kong on December 18, 2017.