Fed Indicates Possibility of Pausing Interest Rate Hikes in June
- Loretta Mester, President of the Federal Reserve Bank of Cleveland, sees no compelling reason to wait to implement another interest rate hike.
- Federal Reserve Bank of Philadelphia President Patrick Harker is inclined to support a "skip" in interest rate hikes at the central bank's next meeting in June.
- Federal Reserve officials suggest a rate hike "skip" in June.
- Fed Governor and vice chair nominee Philip Jefferson says holding rates steady should not be viewed as the end of the tightening cycle.
- US rate futures indicate a pause in interest rate hikes by the Federal Reserve at next month's monetary policy meeting.