Fed Officials Still See 2015 Liftoff Despite September Delay

From bloomberg.com

Federal Reserve officials argued that an interest-rate increase is still warranted this year, laying out the case for liftoff in remarks over the weekend that counter bets by traders that the central bank will stay on hold until 2016. Three policy makers separately explained their rationale for enacting a rate increase at one of the Fed’s two remaining meetings of 2015, citing declines in unemployment and other gains in the U.S. economy that should outweigh headwinds from slower growth abroad and turbulent financial markets. San Francisco Fed President John Williams, a policy centrist who has worked closely with ... (full story)