'Several' Fed officials saw June for rate hike

GMT 18:27 2015 Wednesday ,08 April

Arab Today, arab today 'Several' Fed officials saw June for rate hike

Chairwoman Janet Yellen
Washington - Arab Today

"Several" Federal Reserve policymakers in March viewed a June increase in ultra-low interest rates as likely, but there was broad disagreement on the timing, a Fed report said Wednesday.
Other participants at the Federal Open Market Committee meeting on March 17 and 18 judged that the economic conditions and outlook would be favorable for a rate hike later in the year, while "a couple" said it would not be right until 2016, according to the minutes of the meeting.

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