Skip to content
Subscriber Only

Two 2017 Fed Voters Differ on Rate Hike After Latest Decision

  • Dallas Fed chief would have been ‘comfortable’ with increase
  • Minneapolis Fed’s Kashkari backed FOMC decision to hold steady
Bloomberg business news

Data Suggests Two Fed Rate Hikes Next Year, Says Amey

Two Federal Reserve officials who will vote on monetary policy next year offered different views on whether to raise interest rates now, highlighting both sides of a debate that drew a rare three hawkish dissents from policy makers last week.

Dallas Fed President Robert Kaplan said he would have been comfortable with a rate hike this month, while Minneapolis Fed chief Neel Kashkari, speaking at a separate event, questioned whether the global economy can sustain such a move. Both presidents will rotate into voting slots on the Federal Open Market Committee for the first time in 2017.