Federal Reserve officials hint rate increase may be necessary

From The Hill

Multiple Federal Reserve officials indicated the central bank may need to raise interest rates later this year, according to newly released minutes of the Fed’s July meeting.  While most participants at the joint meeting of the Federal Open Market Committee (FOMC) and the Fed’s Board of Governors “anticipated that inflation would step down over the…

Source Author
Author: Source Author

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *