Fed tees up March rate hike as key policymaker shifts tone

March 2, 2017 By Howard Schneider and Ann Saphir BOSTON/SAN FRANCISCO (Reuters) – The Federal Reserve is setting the stage for a U.S. interest-rate increase later this month, with the central bank’s leading voice on international economics saying the global economy seems to have turned a corner, clearing the way for a hike “soon.” “After being an important constraint in the past few years, the external environment currently appears more benign than it has been for some time, even though risks remain,” Fed Governor Lael Brainard said Wednesday in an…

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