Similar Stories to Fed Rate Hike In 2015 Not Consistent With Mandate: Kocherlakota on Bing News

Reuters: Business News, Reuters: Business
Thu, 05/28/2015 - 1:35pm

HELENA, Montana (Reuters) - A U.S. interest rate hike this year would be a mistake, a top Federal Reserve official said on Thursday, and would represent a missed opportunity to boost employment and too-low inflation in an economy that has plenty of room to grow.

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Topics:  helena   montana reuters     a u.s   federal reserve   rate hike   
BING NEWS:
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  • Fed's latest rate hike means credit cardholders can expect higher bills this spring and summer, warns expert
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  • A timeline of the Fed's '22–'23 rate hikes & what caused them
    It regulates the country’s banks, ensures the stability of its financial markets, and sets policies that maintain its dual mandate of promoting ... he predicted a rate hike in the near future ...
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