Fed Minutes Likely to Reveal Debate on June, July Rate Hike
- Watch for discussion on the balance of risks to the outlook
- Officials want hikes on the table despite investor skepticism
Helicopter Money's Coming, Which Bank Does It First?
This article is for subscribers only.
The Federal Reserve will shed more light this week on the risks of either raising interest rates amid global uncertainty or leaving them on hold again as the U.S. economic outlook improves.
Minutes of the Federal Open Market Committee’s April 26-27 meeting will be released at 2 p.m. on Wednesday. Several regional Fed presidents said last week that a move could be possible in June or July, though there’s been no recent public comment from Chair Janet Yellen or her number two, Stanley Fischer. Yellen will speak at Harvard University on May 27 and Fischer delivers remarks Thursday in New York.