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The National Park Service is celebrating its 100th birthday on Thursday with events across the U.S. including the creation of a giant, living version of its emblem in Washington, D.C., a naturalization ceremony on the South Rim of the Grand Canyon and an outdoor concert at Yellowstone National Park.
As central bankers converge on this mountain resort Thursday for an annual conference on monetary policy, a couple of top Federal Reserve officials took the chance to renew a push for interest-rate hikes, citing improvement in employment and inflation. "The case is strengthening" for a rate hike, Dallas Fed President Robert Kaplan told CNBC television, whose open-air studio here overlooks the craggy peaks of the Grand Teton National Park. Kansas City Fed President Esther George, whose bank has hosted the conference here since 1978, had an even stronger message.