You are here

Near Fed majority backs June liftoff that Yellen hasn't yet endorsed

At meetings on March 17 and 18, Fed likely to remove the final verbal constraint to a June rate hike


JANET Yellen's premium on consensus may lead to a Federal Reserve decision the chair hasn't yet endorsed, as a near majority aligns in favour of a possible June interest rate hike.

Seven of the Fed's current 17 members have now said that they at least want the option of...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to