Federal Reserve Bank of Dallas President Robert Kaplan said Tuesday he was one of a small group of Fed officials who expect the central bank to raise interest rates next year, while another policy maker, James Bullard of the St. Louis Fed, said he expects no change in rates through 2023.

Referencing the Federal Reserve’s latest “dot plot” chart that maps officials’ individual views on the outlook for monetary policy, Mr. Kaplan said in an interview on CNBC that “there were some dots starting increases in 2022, and, you know,…

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

U.S. Car Sales Expected to Increase Again in the Third Quarter

.css-dg1ipl-ReadNextStrap{max-width:780px;width:100%;text-transform:capitalize;border-bottom:1px solid #111111;}.css-1llpedq-ReadNextStrap{max-width:780px;width:100%;text-transform:capitalize;border-bottom:1px solid #111111;}@media screen and (max-width: 639px){.css-1llpedq-ReadNextStrap{padding-block-start:28px;padding-block-end:6px;}}@media screen and (min-width:…

Spain exhumes fascist leader as it confronts far-right past

The remains of a fascist leader whose movement supported Gen. Franco’s dictatorship…

Lalo Alcaraz honored for top editorial cartooning prize, its first Latino recipient

WASHINGTON — One of the nation’s first syndicated Latino cartoonists was honored at…

Disneyland reopening marks California’s Covid-19 turnaround

ANAHEIM, Calif. — Disneyland swung open its gates to cheering visitors donning…