Today news
About the same in other media
Fed meeting minutes show members ready to raise interest rates if inflation continues to run high
Reading now: 675
cnbc.comFederal Reserve officials at their meeting earlier this month expressed concern about inflation and said they would be willing to raise interest rate if prices keep rising.
The committee that sets interest rates for the Fed on Wednesday released the minutes from the November session where it first signaled that it could be dialing back all the economic help it's been providing during the pandemic.
The meeting summary indicates a lively discussion about inflation, with members stressing the willingness to act if conditions continue to heat up.
«Various participants noted that the Committee should be prepared to adjust the pace of asset purchases and raise the target range for the federal funds rate sooner than participants currently
Read more on cnbc.comAbout this in other media
An interest rate rise in Omicron times? It could just happen theguardian.com /2 years ago
Bitcoin Rises as US Inflation Reaches Its Highest Since 1982 cryptonews.com /2 years ago
Markets think Omicron plan B will delay rise in UK interest rates theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
