Correspondent, Chicago
Ann's Feed
Jan 21, 2015
Jan 21, 2015
Jan 21, 2015
Jan 21, 2015
Jan 21, 2015
Jan 20, 2015
Jan 19, 2015
Jan 19, 2015
Jan 17, 2015
Jan 16, 2015

Low inflation no bar to rate rise, U.S. Fed officials say

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 and a falling unemployment rate.

“There is no need to rush to raise rates; at the same time
we want to make sure that we appropriately act in a way that we
don’t get behind the curve,” San Francisco Federal Reserve Bank
President John Williams told reporters at the bank’s
headquarters.