Fed's Powell: 50 basis point rate hike to be discussed at May meeting
BlockBeats news, April 22, Federal Reserve Chairman Colin Powell said that a 50 basis point rate hike will be on the table at the May meeting. A little faster action on interest rates would be appropriate.
Many at the Fed think one or more 50 basis point increases are appropriate. We are committed to getting inflation back to 2%. The (golden) ten