Fed rate hike not in near future

by reuters

WASHINGTON Economy

Jun 04, 2015 12:00 am GMT+3

by reuters

Jun 04, 2015 12:00 am

It may be impossible for the U.S. Federal Reserve to raise interest rates until the rest of the world economy improves, Fed board member Lael Brainard said on Tuesday, in the most direct acknowledgement yet of how weak global markets could handcuff the U.S. central bank. Brainard, who is hyper-attentive to the impacts of globalization given her prior role as head of international affairs at the U.S. Treasury, sketched out a world in which a strong dollar and weak overseas demand were holding back the U.S. recovery and slowing the Fed's progress toward more normal monetary policy.

Business

shortlink copied

This website uses cookies

Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the cookies used on our website in accordance with the relevant legislation.

6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan çerezlerle ilgili bilgi almak için lütfen tıklayınız.