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By Ann Saphir and Jason Lange JACKSON HOLE, Wyo. (Reuters) - An unusually large group of Federal Reserve policymakers appeared before activists on Thursday and defended their plans to raise interest rates to keep the U.S. economy from eventually overheating. Several policymakers said raising interest rates gradually would allow them to stimulate the economy for longer, but that an overheating economy could end in a recession. "It's not about trying to stop the economy from growing," San Francisco Fed President John Williams told about 100 labor activists from the Fed Up coalition who pressed policymakers not to raise interest rates.
Two nuns who worked as nurses and helped the poor in rural Mississippi were found slain in their home, perhaps victims of a break-in and vehicle theft, officials said Thursday. Authorities would not say ...
By Tom Perry BEIRUT (Reuters) - Syrian rebels, who this week seized a strategic town from Islamic State, aim to move westward in the next phase of their Turkey-backed operation, an advance that could take weeks or months to complete, a rebel commander said. Colonel Ahmad Osman, head of the Sultan Murad group, also told Reuters the rebels did not wish to fight Kurdish forces that have advanced in northern Syria as part of a separate campaign against IS, but would do so if necessary. Sultan Murad is one of the main Syrian rebel groups taking part in the operation that on Wednesday drove IS from the border town of Jarablus with help from Turkish special forces, warplanes and tanks.