- Analytics
- News and Tools
- Market News
- Most Federal Reserve officials expect it to become appropriate to raise interest rates relatively soon - Minutes
Most Federal Reserve officials expect it to become appropriate to raise interest rates relatively soon - Minutes
Most Federal Reserve officials expect it to become appropriate to raise interest rates relatively soon, according to the minutes of the November meeting of the Federal Open Market Committee.
The minutes noted that the expectation for a near-term rate hike is contingent on incoming data providing some further evidence of continued progress toward the Fed's objectives.
Some meeting participants argued that a rate hike should occur at the next meeting in December in order to preserve credibility following the committee's recent communications, rttnews says.
The Fed said a few participants advocated increasing rates at the November meeting, including voting members Kansas City Fed President Esther George and Cleveland Fed President Loretta Mester.
Those preferring a rate hike viewed labor market conditions as at or close to those consistent with maximum employment and expected the recent progress toward the committee's inflation objective to continue.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
