Fed still open to rate hike this year
Lower for longer interest rates could lead to greater financial stability risks, FOMC members say
Federal Open Market Committee members are leaving the possibility of a rate hike this year on the table, despite concerns of growth slowing more than expected, the March 19–20 minutes reveal.
Some members judge that under certain circumstances, it could be “appropriate to raise the target range for the federal funds rate modestly later this year”, say the minutes, published on April 10.
A few members warned, “the appropriate path for policy, insofar as it implied lower interest rates for
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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- ECB says iPhone is currently incompatible with digital euro
- Supervisors grapple with the smaller bank dilemma
- Schnabel: ECB could replace central forecast scenario