Fed’s Quarles Says Uncertainty Calls For Gradual U.S. Rate Hikes

www.oann.com | 10/18/2018 | Staff
TimHyuga (Posted by) Level 3
NEW YORK (Reuters) – Because it is unclear how long the U.S. economy can sustain its current strength, the Federal Reserve should continue with its gradual interest rate hikes until it becomes undeniable that a change of course is necessary, an influential Fed governor said on Thursday.

Randal Quarles, the U.S. central bank’s vice chair of supervision, who rarely...
(Excerpt) Read more at: www.oann.com
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