Archive for the ‘Washington Post’ tag
Washington Post Sources Say Bernanke has no Plans for Rate Hikes
Federal Reserve Chairman Ben Bernanke has no plans to raise
interest rates and is more concerned about growth than
inflation, a Washington Post op-ed reported on Monday.
Citing “sources close to” Bernanke, columnist Robert Novak said the
Fed chairman sees high energy prices as a threat to growth, not a driver
of inflation.
The Fed Won’t Hike at Upcoming Meeting, WSJ and FT Say
The Federal Reserve won’t hike interest rates on June
25 and may not hike in August, articles in the Wall Street Journal and
Financial Times suggest.
The articles follow up a story in Monday’s Washington Post that cited
unnamed sources and said Federal Reserve Chairman Ben Bernanke has
no plans to raise rates. Combined, they suggest a co-
ordinated effort by policy-makers to cool market expectations for rate
hikes which have been aggressively pricing in rate hikes to cool
inflation.