While some Fed officials have said a rate hike should come sooner than later, Minneapolis Fed President Neel Kashkari said<br />the U. S. labor market had "more room to run" suggesting he does not believe the central bank should raise rates quickly<br />(Reuters) - U. S. stocks opened at record-highs on Tuesday as oil prices rose and investors cheered strong results of top U. S. retailers.<br />The dollar rose 0.58 percent after Cleveland Fed President Loretta Mester said on Sunday<br />that she would be comfortable raising rates if the U. S. economy kept performing.<br />Strong earnings, robust economic data and the possibility of fiscal stimulus under President<br />Donald Trump has lifted Wall Street’s main indexes to record highs in the past months.
