Statement

Name: Daniel K. Tarullo

Summary: Fed's Tarullo: Rate hike likely tough this year: "The U.S. economy likely would not support an interest rate hike this year without signs inflation and wages are increasing, a top Federal Reserve official said Tuesday. "I wouldn't expect it would be appropriate to raise rates," Fed Governor Daniel Tarullo told CNBC."

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: October 13, 2015

Publication Date: October 13, 2015

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