Correspondent, Chicago
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Jan 16, 2015
Jan 16, 2015

Fed’s Williams sees mid-year rate hike still in play

SAN FRANCISCO, Jan 16 (Reuters) – The Federal Reserve is
still on track for a potential mid-year interest-rate increase,
a top Fed official said on Friday, citing strong U.S. economic
momentum despite weakness abroad.

“I think that sometime around the middle of the year we are
going to be closer to a decision, at least I would think we
would be closer to it being an appropriate timing to raise
rates,” San Francisco Fed President John Williams said at a
meeting of the Bay Area Economic Institute.

Jan 16, 2015
Jan 16, 2015
Jan 16, 2015

Insight – Unfazed by market swings, Fed sticks to mid-2015 hike scenario

NEW YORK/SAN FRANCISCO (Reuters) – Tumbling oil prices have strengthened rather than weakened the Federal Reserve’s resolve to start raising interest rates around midyear even as volatile markets and a softening U.S. inflation outlook made investors push back the timing of the “liftoff.”

Interviews with senior Fed officials and advisors suggest they remain confident the U.S. economy will be ready for a modest policy tightening in the June-September period, while any subsequent rate hikes will probably be slow and depend on how markets will behave.

Jan 16, 2015

Unfazed by market swings, Fed sticks to mid-2015 hike scenario

NEW YORK/SAN FRANCISCO, Jan 16 (Reuters) – Tumbling oil
prices have strengthened rather than weakened the Federal
Reserve’s resolve to start raising interest rates around midyear
even as volatile markets and a softening U.S. inflation outlook
made investors push back the timing of the “liftoff.”

Interviews with senior Fed officials and advisors suggest
they remain confident the U.S. economy will be ready for a
modest policy tightening in the June-September period, while any
subsequent rate hikes will probably be slow and depend on how
markets will behave.

Jan 15, 2015
Jan 15, 2015
Jan 14, 2015
Jan 14, 2015