Powell-Fed not actively considering 75-point rate hikes | Photo credits: Federal Reserve / Public Domain Mark 1.0
May 4 (Reuters) – U.S. Federal Reserve (Fed) Chairman Jerome Powell said on Wednesday that central bank officials were not “actively” considering raising policy rates by 75 basis points in the coming months. monetary policy meetings.
“A 75 basis point rate hike is not something the committee is actively considering,” he said at a press conference, in response to a question on the subject after the monetary policy meeting in Paris. the Fed and the announcement of a rate hike of half a percentage point.
Futures markets believed until Wednesday’s announcements that the likelihood of a three-quarter point rate hike at the next meeting in June was high. (Report Dan Burns, French version Marc Angrand)