Reuters logo
Fed's Powell says March rate hike on the table
February 22, 2017 / 7:25 PM / 7 months ago

Fed's Powell says March rate hike on the table

NEW YORK, Feb 22 (Reuters) - A possible U.S. interest rate hike is on the table at a Federal Reserve policy meeting next month, Fed Governor Jerome Powell said on Wednesday, adding the central bank could tighten policy soon.

Asked whether a rate hike is “on the table” for a March 14-15 policy meeting, Powell told reporters: “Yes,” adding: “It will be appropriate to gradually raise interest rates, including fairly soon,” if the economy carries on roughly as it is currently.

Reporting by Jonathan Spicer; Editing by Chizu Nomiyama

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below