Fed's Powell nods to 'gradual' rate hikes, close eye on inflation

WASHINGTON (Reuters) - Federal Reserve Chairman Jerome Powell, pledging to "strike a balance" between the risk of an overheating economy and the need to keep growth on track, told U.S. lawmakers on Tuesday that the central bank would stick with gradual interest rate increases despite the added stimulus of tax cuts and government spending.

from Reuters: Top News http://uk.reuters.com/article/uk-usa-fed-powell/feds-powell-nods-to-gradual-rate-hikes-close-eye-on-inflation-idUKKCN1GB1YI?feedType=RSS&feedName=topNews