Fed Chair Powell: No Fed Official Wants Rate Hike Today

BlockBeats News, June 18th, Federal Reserve Chair Powell stated at a press conference that no one at the Fed wants to raise interest rates in the near term. Addressing a question hinting that current data could support a rate hike, Powell said, "The view you expressed did not receive support from any of the 19 participants present. We will meet again in six weeks to revisit this issue." (FXStreet)