More Us Fed Officials See 1 Rate Increase This Year

WASHINGTON (AP) — More Federal Reserve policymakers expect just one or no increase in short-term interest rates will occur this year compared with three months ago, reflecting a sharp slowdown in the economy at the start of the year. Five of the 17 Fed policymakers now forecast that the short-term rate will be 0.375 percent at the end of this year, up from just one in March.Read more on NewsOK.com

Topics:  washington ap     more federal reserve   march   newsok   fed   rate   increase   year   policymakers   short-term   
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