Article 9DVZ Federal Reserve says June too early to begin raising interest rates

Federal Reserve says June too early to begin raising interest rates

by
Dominic Rushe in New York and agencies
from on (#9DVZ)

Members of US central bank divided over state of US economy but most believed that June is premature to raise rates for first time since global recession

The state of the US economy divided members of the Federal Reserve at their April meeting but they generally agreed that June would be too early to start raising interest rates for the first time since the recession.

Related: US Federal Reserve chair highlights concerns over ultra-low interest rates

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