All is Fair Game

Fed's warn of future hikes.
December 19th, 2015 11:59 AM

CHARLOTTE, N.C., Dec 18 (Reuters) - Federal Reserve forecasts pointing to four interest rate hikes in 2016 show what the U.S. central bank means when it says it anticipates raising rates at a "gradual pace," Richmond Fed President Jeffrey Lacker said on Friday.

"That's half the rate at which we raised rates in the last tightening cycle. So that's what 'gradual' means to me," Lacker told reporters in Charlotte, North Carolina after appearing on a panel.


Posted in:Banking and tagged: Finance Rate Hikes
Posted by Greg Shelley Phd on December 19th, 2015 11:59 AMPost a Comment

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