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US Fed: Next rate hike will be soon
But it may wait to see if weak growth earlier this year is temporary, opening the possibility of a delay
Add BT as a preferred sourcePublished Thu, May 25, 2017 · 09:50 PM
Washington
US central bankers say it will "soon" be time to raise the key lending rate again, according to minutes from the last Federal Reserve meeting released on Wednesday.
Monetary policymakers say they may wait, however, to see if weak growth recorded earlier this year was only temporary, which seems to open the possibility that the next rate increase could be delayed until after June.
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