The Fed's minutes signal a likely December rate increase, but in a less certain way next year



[ad_1]

WASHINGTON – Federal Reserve officials have announced plans to raise interest rates next month, but they appear more uncertain about maintaining a quarterly rate of increase thereafter, says the minutes of the meeting. recent central bank.

Almost all participants at the November 7-8 meeting felt that a further rate increase "would probably be justified fairly quickly if the new labor market information and inflation were in line with or better than their current expectations, "says the minutes released Thursday. . The next Fed …

[ad_2]

Source link