Correspondent, Chicago
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Jan 13, 2015
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Jan 9, 2015
Jan 9, 2015

Low wages, inflation should keep Fed on hold: policymakers

Jan 9 (Reuters) – Slow wage growth and low inflation are
prompting two top U.S. Federal Reserve officials to call for
deferring interest-rate increases until next year, and a third
to suggest waiting until mid-2015 or later – all despite strong
U.S. jobs gains.

“If the (Fed) is to err on the side of being a little late
as viewed by history writers or maybe a little early, I prefer
to take the risk of being a little bit late,” Atlanta Fed
President Dennis Lockhart told Bloomberg News in an interview on
Friday.

Jan 9, 2015
    • About Ann

      "Coverage includes Federal Reserve regional banks, U.S. monetary policy, interest-rate futures markets, and financial exchanges and clearinghouses serving the derivatives marketplace, including CME Group."
      Joined Reuters:
      2010
      Languages:
      English, Japanese
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