Fed Hikes With One Dissent: Fed Behind the Curve?

Fed Hikes With One Dissent: Fed Behind the Curve?

mishtalk.com / Mike “Mish” Shedlock / March 15, 2017

As expected, the Fed hiked interest rates 25 basis points to a range of 3/4 to 1 percent. Minneapolis Fed president Neel Kashkari dissented. Kashkari voted to hold rates steady.

Here are snips from the FOMC March 15 Statement.

In view of realized and expected

March 15, 2017 at 05:20PM