US Federal Reserve officials could be set to increase the interest rate by another 75-basis points, according to a Wall Street Journal report on Oct. 21.
According to the report, the officials would also begin plans to reduce their interest rate by December. The report cited a speech by Fed governor Christopher Waller who said the officials will have a “thoughtful discussion about the pace of tightening at our next meeting.
”Fed Vice Chairwoman Lael Brainard and some other top officials stated t
According to the report, the officials would also begin plans to reduce their interest rate by December. The report cited a speech by Fed governor Christopher Waller who said the officials will have a “thoughtful discussion about the pace of tightening at our next meeting.
”Fed Vice Chairwoman Lael Brainard and some other top officials stated t