Global Economic News

Fed Minutes Reveal Debate About Rate Hike After Banking Turmoil

With the collapse of Silicon Valley Bank coming not long before the Federal Reserve's latest monetary policy meeting, the minutes of the meeting revealed some debate about raising interest rates.

The minutes of the March 21-22 meeting, released Wednesday afternoon, showed some participants considered leaving rates unchanged to allow more time to assess the effects of the banking sector turmoil.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Global Economic News