Fed Minutes: Officials Split Widely on Rate Hike Timing

April 8, 2015 6:16 PM

60 0

Fed officials disagreed widely last month on when they might begin lifting interest rates from record lows.

Minutes of the March 17-18 meeting reveal that several policymakers predicted a rate hike in June, while others concerned about low inflation didn't think a rate hike would be warranted until later this year. Still others said the economy wouldn't be strong enough for an increase until 2016.

Also read: NBC's 'Sunday Night Football' has lowest ratings since 2011

Read more

To category page