Odds increasing for rate hike at September FOMC meeting

Federal Reserve

Opinions on monetary policy among senior Federal Reserve officials continue to differ in the run-up to the next Federal Open Market Committee meeting on September 25, but a string of positive data releases suggest a hike may now be more likely.

Richmond Fed president Thomas Barkin, currently a voting member of the FOMC, said: “It is difficult to argue that lower-than-normal rates are appropriate when unemployment is low and inflation is effectively at the Fed’s target.”

Speaking in Roanoke

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: