A June pause in rate hikes would be a strong call for Fed officials, according to minutes from the last meeting
“Several (policymakers) noted that if the economy was moving in the direction of their current outlook, further policy firming after this meeting may not be necessary” – Fed language for a pause – according to the minutes. of the May 2 and 3 meeting.
U.S. Federal Reserve officials were split earlier this month on whether to suspend interest rate hikes at their next meeting in June, according to the minutes of their May 2-3 meeting.
“Several (policymakers) noted that if the economy was moving in the direction of their current outlook, further policy firming after this meeting may not be necessary” – Fed language for a pause – according to the minutes. of the May 2 and 3 meeting.
At the same time, “some” officials said continued high inflation meant “further (rate hikes) would likely be warranted in future meetings.”
cnbctv18-forexlive-benzinga
Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
