Fed Says at Least One More Rate Hike

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00001720-fed-says-at-least-one-more-rate-hike/

By Alister Bull, Reuters

The Federal Reserve has at least one more rate hike to go before halting its 18-month tightening campaign but policy visibility expires beyond that point, one of its top officials said on Wednesday.

“The (Dec. 13) minutes suggested that a couple more increases, a number of further increases, are in store. I think that means at least one. Beyond that, I don’t really have anything to offer by way of guidance,” Richmond Federal Reserve President Jeffrey Lacker told reporters.

For this complete story, please visit Fed’s Lacker says at least one more rate hike.

Fed Says at Least One More Rate Hike

Unknown Author

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