In the Margins

Fed official: Rate hike delay is risky

September 9, 2016

By Reuters

The Federal Reserve increasingly faces risks if it waits too much longer to rase rates, making a gradual policy tightening likely, Boston Fed President Eric Rosengren said on Friday. "Risks to the forecast are becoming increasingly two-sided," he said, adding that while a slowdown overseas remains a concern, the U.S. economy has proven resilient and could even overheat if Fed policy remains unchanged for too much longer. Read the original story from Reuters.

 

 

Most Read

Top of the Agenda - Compensation
IDC: Fund director pay climbs again in 2024

Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...