<a href=’http://news.xinhuanet.com/english/2016-06/03/c_135408891.htm’ target=’_blank’>U.S. Fed official urges more cautious approach to rate hikes</a>

A top Federal Reserve official on Thursday urged his fellow policymakers to take a more cautious approach to further increase interest rates, as he sees further scope for improvement in the U.S. labor market.