Quick Links


Becoming A Member

Upcoming Events

News & Media

Event FAQ's

Contact Us

Contact ECNY Media Team

Announcements

Back

Federal Reserve Vice Chairman for Supervision Randal Quarles

Published Date Oct 18, 2018
Bloomberg: Fed's Quarles Favors Gradual Hikes, Eye on Potential Growth

Federal Reserve Governor Randal Quarles said he favors gradual interest-rate increases and voiced optimism that the U.S. economy might be able to grow faster without overheating -- potentially meriting a slower hiking path ahead.

In remarks Thursday to the Economic Club of New York, he suggested that a tick up in the economy’s potential growth rate, if realized, could warrant a slower pace of rate hikes than would otherwise be appropriate.
 
By Alex Martin
3180 Views,
Flag