Bank Of Baku

Fed’s Lacker sees strong June rate-hike case

Fed’s Lacker sees strong June rate-hike case
# 20 May 2016 09:42 (UTC +04:00)

Baku – APA-Economics. Federal Reserve Bank of Richmond President Jeffrey Lacker said a June interest-rate increase by the U.S. central bank is in order with global risks having “entirely dissipated.”

 

“I certainly supported a rate increase at the April meeting,” Lacker said Thursday in an interview on Bloomberg Radio. “I think the case would be very strong for raising rates in June.”

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