Fed’s Hoenig: Central Bank Should Get Funds Target Rate to 1% by the End of Summer

Thomas Hoenig, the president of the Kansas City Federal Reserve bank, said in a speech Thursday that the Federal Reserve should aim to get the federal funds target rate to 1% by the end of summer and then pause to assess the outlook – MW

Meet Jasper - The AI Writer

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.