Fed's Poole says no reason to change rates now

St Louis Federal Reserve president William Poole said on Thursday 15 February that there was no reason at the moment for the U.S. central bank to change interest rates.

"The Fed doesn't need to act until all the data accumulates and it is necessary to reposition the baseline," he told reporters after delivering a speech here to a business group.

"Where we stand right now is a pretty good place. There is no compelling information presently available that suggests the need to reposition the rate.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: