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Top Fed Official Plays Down Divergent Rate Outlook With Investors
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A senior Federal Reserve official said he wasn’t concerned about a potential disconnect between officials at the central bank and investors in financial markets over the outlook for interest rates later this year.
Last month, Fed officials projected they would hold rates steady this year after raising them to just above 5%. But investors in interest-rate futures markets increasingly anticipate the Fed will cut rates significantly over the 12 months beginning this September.
Read more on wsj.comAbout this in other media
Top Fed Official Signals Support for May Interest-Rate Increase wsj.com /1 year ago
Fed Official Backs Higher Interest Rates as Banking Stresses Fade wsj.com /1 year ago
Top Fed Official Signals Support for May Interest-Rate Increase wsj.com /1 year ago
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