Rate hikes can be measured, says Dallas Fed chief

Dallas Federal Reserve President Robert McTeer said on Friday 10 September that he believed further interest rate increases could be measured and noted that economic growth would be stronger in the months ahead.

"I think we're going to be able to be measured," McTeer said in an interview with CNBC television.

Asked whether signs of ebbing inflation pressures had ended the urgency behind the Fed's two rate hikes in June and August, McTeer said: "Possibly we have, we'll have to discuss that and