Fed officials still split on rate hike

November 12, 2015 4:02 PM

16 0

Remarks by Federal Reserve policymakers Thursday highlighted a continued rift over when to raise interest rates despite a growing consensus in financial markets that the central bank will act next month.

Chicago Fed president Charles Evans, who's considered one of the Fed's more "dovish," or pro-growth policymakers, said he wants to wait, citing still meager inflation and the risk of derailing the recovery. The Fed hasn't boosted its benchmark rate in nearly a decade and it has hovered near zero sin...

Also read: U.S. Nonfarm Payrolls Rose 178,000 in November; Unemployment Rate Falls to 4.6%

Read more

To category page

Loading...