The Fed continues to give signs that will raise their rates in June – euronews

Global markets begin to prepare for a further rise in interest rates in the United States. What has already led to revalue the dollar compared to other currencies. On Friday, the euro touched a two and half months by switching to 1.1117. It was after the president of the Federal Reserve, Janet Yellen, Harvard manifest that arose continue to tighten its monetary policy in the coming months. And just after an upward revision in growth three tenths of the country in the first quarter to stand at 0.8 percent was announced. And Monday, the president of the Federal Reserve Bank of Saint Louis, James Bullard, spoke in the same sense a shift to Seoul.

“It would not be too surprising given our turn of December and policy committee that tries to normalize rates slowly and gradually, “said the president of the Federal Reserve Bank of St. Louis. “My idea is that, if all goes well, this climb is finished by smoothly”.

Last December, the Fed raised interest rates to between 0.25 and 0.50 percent after a decade if any state down. And all indications are now that at its next meeting on 14 and 15 June will for the second time. It does not seem that the body even put it off for its next meeting on 26 and 27 July.