- New York Federal Reserve President William Dudley: the Fed could still start to raise its interest in June
Market news
8 April 2015
New York Federal Reserve President William Dudley: the Fed could still start to raise its interest in June
The New York Federal Reserve President William Dudley said on Wednesday that the Fed could still start to raise its interest in June if the economic data pick up in the coming months. He noted that it is better to wait to hike interest rate as the inflation is below the Fed's 2% target.
He pointed out that the pace of the interest rate increase will depend on market reaction.
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