June Rate Hike Decision Hangs in the Balance as Fed Officials Hint at Possibility.
TL;DR Summary
Federal Reserve officials suggest that the decision to raise interest rates at their meeting next month is shaping up as a close call, with another policy maker hinting she would support another increase. Inflation is slowly easing, but it’s still far from the Federal Reserve’s 2% target. Dallas Fed President Lorie Logan says, ‘We aren’t there yet’.
Topics:business#dallas-fed-president#economy#federal-reserve#inflation#interest-rates#monetary-policy
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