Sentences with phrase «begin raising interest rates this year»

Kocherlakota's views put him at the dovish extreme at the U.S. central bank, where most policymakers, including Fed Chair Janet Yellen, expect to begin raising interest rates this year.

Not exact matches

Still, the central bank was reluctant to raise interest rates at the beginning of the year, and it remains so now.

Emerging economies are set to slow this year as the U.S. Federal Reserve begins raising interest rates and there's a rising protectionist rhetoric in advanced economies, the International Monetary Fund warned on Monday.

Investors also began to price in the likelihood that the Federal Reserve will raise interest rates at least three times this year.

The factory data added to reports on auto sales, housing and employment in suggesting the economy was regaining some speed, but probably not fast enough to encourage the Federal Reserve to start raising interest rates next month, as most economists had anticipated at the beginning of the year.

US Federal Reserve (Fed) Chair Janet Yellen gave the clearest indication yet that the central bank is likely to start raising interest rates later this year when she said in a speech on July 10 that she expected it would be «appropriate at some point later this year to take the first step to raise the federal funds rate and thus begin normalizing monetary policy.»

However, in the past year, as the Federal Reserve raised interest rates three times, money market yields have begun to inch up.

After a slowdown that began in the second half of last year, most economists are anticipating growth will return to an above 2 - per cent pace in coming months and continue to put pressure on Bank of Canada Governor Stephen Poloz to raise interest rates.

Some analysts believed at the beginning of the year that credit card issuers would raise balance transfer interest rates accordingly and offer less - generous deals.