The Traderszone Network

Published in TZ Latest News 15 October, 2015 by The TZ Newswire Staff

Fed policymakers downplay divisions on U.S. rate hike

WASHINGTON/NEW YORK (Reuters) – Federal Reserve policymakers are not as divided as it may appear and are generally operating under the same framework for determining when to raise interest rates, one Fed official said on Thursday, while another said the differences of opinion reflect the countervailing economic data. Fed Chair Janet Yellen and other officials have said they expect a rate hike will be needed by the end of this year, but two Fed governors this week urged caution.

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