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(RPT) MNI INTERVIEW: Fed Set For Hawkish Pause On Turmoil

(MNI) WASHINGTON
(MNI) Washington

Fed still has time to decide rate path amid highly uncertain environment, former top aide William English says.

(Repeats story first published on March 16)

The Federal Reserve is most likely to take a break in its interest rate increases at its March meeting because of the turmoil in global financial markets that has resulted from troubles at U.S. regional banks and worries about Credit Suisse, William English, a former director of the Fed's division of monetary affairs, told MNI.

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(Repeats story first published on March 16)

The Federal Reserve is most likely to take a break in its interest rate increases at its March meeting because of the turmoil in global financial markets that has resulted from troubles at U.S. regional banks and worries about Credit Suisse, William English, a former director of the Fed's division of monetary affairs, told MNI.

Keep reading...Show less