WASHINGTON, D.C.: US central bankers say it will “soon” be time to raise the key lending rate again, according to minutes from the last Federal Reserve meeting released Wednesday. Some central bankers also “expressed concerns” over the administration’s plans to ease bank regulations, which “could increase risks to financial stability,” according to the minutes. Doubts about timingMost analysts expect two more rate increases this year, likely at the next meeting June 13-14, and again in September. But Boris Schlossberg of BK Asset Management, said: “The Fed cast a doubt on even the possiblity of a June rate hike.”However, other analysts largely ignored the unusual contradiction. The Fed already announced that it expects this year to begin unwinding its investments — part of the extraordinary “quantitative easing” used during the financial crisis.

Source: Manila Times May 25, 2017 03:11 UTC