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Fed's Tarullo on CNBC: ADP another indicator of economic growth - Reuters

In an interview with CNBC, Daniel K. Tarullo, a member of the Board of Governors of the United States Federal Reserve Board, said that the ADP report confirms the solid trend in growth.

Key quotes (via Reuters)

  • ADP another indicator of economic growth

  • Forward indicators bode well for Q2 growth

  • Have been agnostic about coming fiscal policy

  • The way Volcker rule was implemented has proven to be clunky

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