A top Federal Reserve policymaker said Tuesday that some of the recent economic weakness probably was caused by bad weather and insisted there still was a "strong" case for raising interest rates in June.

Topics:  federal reserve   june   strong case   interest rate   
BING NEWS:
  • Fed leaves interest rates unchanged, will meet again in June
    The Federal Reserve announced Wednesday that interest rates won’t cool yet because inflation is still too hot. “The path forward is uncertain,” said Fed Chair Jerome Powell. Interest rates currently ...
    05/1/2024 - 10:06 am | View Link
  • June Fed rate-hike risk looms as U.S. labor market stays strong
    The once-unthinkable scenario of no interest-rate cuts by the Federal Reserve in 2024 is now giving way to another possibility: a slight chance of a quarter-point rate hike by June.
    04/18/2024 - 9:09 am | View Link
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