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"We have seen strong growth in US jobs and the Fed feels the evidence is fairly clear that we are going to get back to 2% inflation."

"Some people are saying there will be one hike every two meetings. I do not know if that would be the case, but I would expect gradualism."

Obama said his nominee for Fed chairman will be someone who embraces dual mandate to promote price stability and maximum employment.

Here is a list of those tapped so far to be members of president-elect Barack Obama's cabinet and administration when he is inaugurated on ...