Some Federal Reserve officials pushed for an interest rate hike in June, according to minutes of the meeting released Wednesday.
There was support from an unspecified number of Federal Reserve officials for an interest rate hike at the central bank’s policy meeting in June, according to a summary of the discussions released Wednesday.
“Some participants indicated that they favored raising the target range for the federal funds rate 25 basis points at this meeting or they could have supported such a proposal,” the minutes of the June 13-14 meeting said. The minutes show that many officials wanted to slow the speed of rate hikes to give officials more time to observe the effect of past hikes. And officials said that the dot plot would “help clarify” their views.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Some Fed Officials Supported Raising Rates in JuneSome Federal Reserve policy makers would have supported raising interest rates last month even though officials decided to leave them unchanged, and many were prepared to raise them again this year
Lire la suite »
Federal Judge Limits Federal Government's Contact with Social Media CompaniesIn another legal victory for Republicans, a federal court in Louisiana has limited the Biden administration’s communication with social-media platforms.
Lire la suite »
FOMC Minutes Preview: More than hawkish?The US Federal Reserve (Fed) will release the minutes of the Federal Open Market Committee’s (FOMC) June 13-14 policy meeting at 18:00 GMT on Wednesda
Lire la suite »
Fed sees more rate hikes ahead, but at a slower pace, meeting minutes showThe Federal Reserve on Wednesday released the minutes from its June 13-14 meeting.
Lire la suite »
Gold Price Forecast: XAU/USD plunges below the 20-day EMA post-Fed hawkish minutesGold price snaps three days of gains, tumble below the 20-day Exponential Moving Average (EMA), after the US Federal Reserve (Fed) release of June’s m
Lire la suite »
When are the FOMC minutes, and how could it affect EUR/USD?On Wednesday, July 5, the US Federal Reserve (FED) will release the latest monetary policy meeting minutes of the Federal Open Market Committee (FOMC)
Lire la suite »