Last week, top officials of the Federal Reserve agreed to leave interest rates low. But remarks from some key players this weekend hit at the beginnings of a rate hike, The Washington Post reports.
Among the officials who spoke this past weekend were Richmond Fed President Jeffrey Lacker, St. Louis Fed President James Bullard, and San Francisco Fed President John Williams.
“In the parlance of Fedwatchers, they range in views from hawk to dove,” writes financial reporter Yian Q. Mui. “Yet the answer from all three to whether the central bank should raise rates this year was as close to a definitive yes as an economist will likely ever provide.”
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