Federal Reserve May Increase Interest Rate in June
- 6 years ago
Most of the Federal Reserve's policymakers think it is time for another interest rate hike.
According to the latest Federal Open Market Committee meeting, the federal funds rate is due for another increase soon, despite the current percent of inflation.
The Fed has targeted a 2-percent inflation rate for years, but policymakers are thinking its time to change that port of their policy statement.
According to the latest Federal Open Market Committee meeting, the federal funds rate is due for another increase soon, despite the current percent of inflation.
The Fed has targeted a 2-percent inflation rate for years, but policymakers are thinking its time to change that port of their policy statement.