timing of first Fed interest rate hike

The Case Against Fed Tightening as Soon as June

April 28, 2015

Tomorrow’s Federal Open Market Committee statement is likely to plant a strong clue if an interest rate hike in June remains a possibility.  Being committed to a data-driven policy, officials will not be in a position to know definitively now whether tightening can begin at the following policy meeting on June 17, but tomorrow’s U.S. […] More