NEW YORK (Reuters) - A top Federal Reserve policymaker on Thursday dropped his promise to advocate for a U.S. interest-rate hike soon, and suggested that current near-zero rates may not be stimulating the economy as much as thought.
Reuters: Business News, Reuters: Business
Thu, 06/23/2016 - 5:36pm
NEW YORK (Reuters) - A top Federal Reserve policymaker on Thursday dropped his promise to advocate for a U.S. interest-rate hike soon, and suggested that current near-zero rates may not be stimulating the economy as much as thought.