Federal Reserve officials indicated the decision to raise interest rates at their meeting next month was shaping up as a close call, with another policy maker Thursday hinting she would support another increase.
Dallas Fed President Lorie Logan, a key centrist on the Fed’s policy-setting committee, suggested that barring further weakness in the economic outlook, she would be prepared to lift the benchmark federal-funds rate by a quarter percentage point at the central bank’s June 13-14 meeting.
