Despite Weak Inflation, Fed Is Likely to Raise Interest Rates in June

by | May 30, 2017 | Bad Credit Loans, Bank Lending, Brainard, Lael, Business Lending, Business Loans, Capital, Consumer Behavior, Deflation (Economics), Economics, Federal Reserve System, Finance, Inflation (Economics), Interest Rates, Politics and Government, United States Economy, Wages and Salaries, Working Capital

By BINYAMIN APPELBAUM May 30, 2017 WASHINGTON — A speech by a Federal Reserve governor Tuesday underscored a basic shift in Fed policy: The central bank now needs to be convinced that quarterly rate increases are a bad idea. After years in which any...