Not so fast on rate hikes, some Fed officials say
After Federal Reserve chairman Kevin Warsh's speech in Jackson Hole , the markets penciled in an interest rate hike for the central bank's mid-September meeting. Comments from two influential officials now throw those expectations into question. The big picture: With August jobs and inflation data due out before a policy meeting in two weeks, the decision of whether to tighten policy appears to be on a knife-edge. A meaningful contingent of Fed leadership is eager to raise interest rates to…
Axios
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CurrentWire ranked this story 68.8 of 100 in the snapshot this page was rendered from.
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- 30.8 of 35
- Source authority
- 14 of 20
- Coverage breadth
- 4 of 20
- Geographic relevance
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- Story prominence
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- Velocity
- 0 of 5
Strongest signal: geographic relevance, 10 of 10. How each signal is calculated.
Filed under Business · United States · News. Topics extracted from this report, with other live CurrentWire stories mentioning each: Federal Reserve (3), Interest Rates (3), Inflation (5).
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