The Federal Reserve will consider whether a 50 basis point hike is appropriate at the next meeting in early May, said Kansas City Fed President Esther George.
Federal Reserve officials will look at whether to take a more aggressive half-a-percentage point hike in their benchmark interest rates at the next meeting in early May, said Kansas City Fed President Esther George, on Tuesday.
“I think 50 basis points is going to be an option that we’re going to have to consider, along with other things,” George said, in an interview on Bloomberg News At the May meeting, Fed officials could also announce a date for the start of shrinking the $9 trillion balance sheet.
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