You are here

Fed minutes put in doubt a rate increase this June

BT_20150410_CPFED10_1609304.jpg
Mr Dudley thinks that the timing of the Fed's first rate hike might be a little further off in time.

Washington

THE Federal Reserve is looking increasingly unlikely to start raising its benchmark interest rate in June.

A number of Fed officials expressed doubts about the rise beginning in June during the March meeting of the Fed's policymaking committee, according to an account