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Fed’s Powell Could Seal Expectations of Half-Point Rate Rise in May
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The Federal Reserve has indicated it is likely to raise interest rates next month by a half-percentage point and begin shrinking its $9 trillion asset portfolio, a double-barreled effort to remove stimulus to curb price pressures.
Fed Chairman Jerome Powell will have an opportunity to reinforce that signal when he speaks Thursday afternoon in his last scheduled public appearance before the central bank’s policy meeting May 3-4.
Read more on wsj.comAbout this in other media
Fed Approves Half-Point Interest Rate Rise, Ratcheting Up Its Inflation Fight wsj.com /2 years ago
Fed Targets Inflation With Expected Half Point Hike, Will Reduce Assets cryptonews.com /2 years ago
Paying off a mortgage? Here’s how the RBA interest rate rise will affect your repayments theguardian.com /2 years ago
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