"If The Fool persists in his Folly he will become wise." - William Blake
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Fed's Cautious Approach on April Rate Hike Raises Stakes for June
Federal Reserve policy makers last month debated an April interest-rate hike, with several officials leaning against such a move because it would send the wrong signal and others saying it might be warranted. “Several expressed the view that a cautious approach to raising rates would be prudent or noted their concern that raising the target range as soon as April would signal a sense of urgency they did not think appropriate,” minutes of the Federal Open Market Committee’s March 15-16 meeting released Wednesday in Washington said. The debate, by flagging a potential April rate increase that’s nevertheless ... (full story)
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