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Will The Fed Keep Raising Interest Rates?

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Business Insider reports the Federal Reserve might continue to raise interest rates. There is speculation the shift in policy is due to a major change in staffing at the Fed. William Dudley stepped down as president of the New York Fed. The NY Fed has a permanent vote on the rate-setting Federal Open Market Committee. John Williams was picked to take Dudley's place. Williams was President of the SF Fed. His departure gives president of the Kansas City Fed, Esther George, a surprise vote on interest rates.

Added on the 30/07/2018 10:28:46 - Copyright : Wochit

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