Short-term interest rates might rise again, Fed officials signal in contrast to Yellen Three officials indicated openness to increasing rates before year end
Federal Reserve Chairwoman Janet Yellen s comments earlier this week forecast steady interest rates, but three Fed officials remarked otherwise Friday. (Pixabay / Federal Reserve Flickr)
On Friday, three Federal Reserve officials indicated they d be open to increasing short-term interest rates before year end. Interest rates affect mortgage and cap rates, which in turn affects property prices.
Federal Reserve Bank of Dallas President Robert Kaplan, Kansas City Fed President Esther George and San Francisco Fed President John Williams all made comments ranging from being open to increasing rates to supporting gradual rises, according to the 爱上海