Federal Reserve eyes more aggressive US interest rate path

Federal Reserve eyes more aggressive US interest rate path
 

Some members of the Federal Reserve are urging the bank to consider raising interest rates more quickly, in what could mark a turn from the gradual approach it has taken in recent years.
They expect stronger economic growth and inflation to warrant more aggressive action over the medium term.
Their views were laid out in the minutes of the bank's March meeting, published on Wednesday.
Share markets, which watch rates closely, dipped on the release.
The Fed uses interest rates as its primary tool to keep the US economy on a path of sustained growth and controlled inflation.
It lowered rates... read more

 
11 April 2018 in Business, Views: 51
Source: BBC
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