Fed ready to hike rates 'fairly soon'

January minutes reveal hawkish stance

Natalie Kenway
clock
Fed ready to hike rates 'fairly soon'

US Federal Reserve policymakers have said they are ready to lift interest rates again "fairly soon", minutes from the January's meeting have revealed, as the impact of President Donald Trump new policies were assessed.

In the first meeting since Trump's election, rates were unchanged following December's hike. However, the minutes revealed a number of members of the Federal Open Market Committee, led by chair Janet...

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