Arab Today, arab today several fed officials saw june for rate hike
Last Updated : GMT 10:55:47
Arab Today, arab today
Arab Today, arab today

'Several' Fed officials saw June for rate hike

Arab Today, arab today

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

Federal Reserve in Washington
Washington - AFP

Federal Reserve policymakers were split at their last meeting on when to raise ultra-low interest rates, with liftoff ranging from June to 2016, minutes to the meeting showed Wednesday.
"Several" 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.
Others deemed the circumstances would be right later in the year, while "a couple" of officials said liftoff would remain unlikely until 2016, the FOMC minutes said.
At the meeting, the Fed left its key federal funds rate unchanged near zero, where it has been pegged since late 2008.
It dropped from its policy statement a line used previously saying it will remain  "patient" before acting -- a signal that a rate hike could come as early as June.
But the FOMC said it expects it will be appropriate to raise the rate when it had seen further improvement in the labor market and is "reasonably confident" that currently weak inflation will move back to its 2.0 percent target over the medium term.
Participants at the March meeting expressed "a range of views" with regard to the outlook for inflation.
"It was noted that there were no simple criteria for such a judgment" and that "the normalization process could be initiated prior to seeing increases in core price inflation or wage inflation," the minutes said.
"Further improvement in the labor market, a stabilization of energy prices, and a leveling out of the foreign exchange value of the dollar were all seen as helpful in establishing confidence that inflation would turn up."

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today several fed officials saw june for rate hike Arab Today, arab today several fed officials saw june for rate hike

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Turkey says ends its military operation

GMT 07:53 2017 Thursday ,30 March

Turkey says ends its military operation
Arab Today, arab today Media host gives priority to problems of people

GMT 07:00 2017 Tuesday ,28 March

Media host gives priority to problems of people

GMT 11:45 2017 Wednesday ,29 March

Bahrain to host FinTech Forum2017

GMT 11:42 2017 Wednesday ,29 March

Banking sector's role praised

GMT 19:27 2017 Tuesday ,28 March

US dollar exchange rate stable in morning trading

GMT 20:39 2017 Monday ,27 March

Brexit among financial stability risks for UK

GMT 19:51 2017 Monday ,27 March

Goldman Sachs in talks for Saudi licence
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today 'Underwater wasteland' worries

GMT 10:32 2017 Thursday ,30 March

'Underwater wasteland' worries
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 07:50 2017 Thursday ,30 March

Breaking trans barriers one barbell

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday