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Re: bigworld post# 2011

Thursday, 06/01/2023 12:31:03 PM

Thursday, June 01, 2023 12:31:03 PM

Post# of 2589
Unofficial Fed mouthpiece at the WSJ (Nick Timiraos) is saying the Fed will skip a rate rise in June, though may hike later -


>>> Fed Prepares to Skip June Rate Rise but Hike Later

Officials would slow increases to assess more data on the economy and bank lending

Two Federal Reserve officials framed a potential decision to forgo a rate increase as a chance to assess more economic information, then possibly raise rates later this summer.



WSJ

by Nick Timiraos

May 31, 2023


https://www.wsj.com/news/author/nick-timiraos


Federal Reserve officials signaled they are increasingly likely to hold interest rates steady at their June meeting before preparing to raise them again later this summer..


(full article requires WSJ subscription)



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