Poole sees further Fed tightening if needed

A top Fed policy-maker said on Thursday 17 November that core US inflation and inflation expectations have weathered high energy prices and if necessary, the Federal Reserve will raise interest rates to make sure this remains.

"If new information calls for further tightening -- and I emphasize 'if' because I do not have a crystal ball that permits me to predict incoming information -- then that is what the FOMC will do," said St Louis Federal Reserve President William Poole in a speech at Kent