rate hike
Yellen: Uncertainty strengthens the gradual approach to raise interest rates
26 Sep 2017 07:51 PM |
The remarks by Janet Yellen, Federal Reserve Governor, were as follows:
- A gradual approach to rate hikes is appropriate in the light of subdued inflation.
- It would be unwise to leave interest rates unchanged until inflation reaches 2%.
Mester: further gradual rates hike will be needed
7 Sep 2017 06:47 PM |Loretta Mester, Chairman of Federal Reserve in Cleveland, said:
- A further gradual rates hike will be needed.
- Better to begin trim balance sheet in near term.
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