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Walsh: No One at the Fed Wants to Raise Rates Today

2026-06-17 20:27

Odaily News: Federal Reserve Chairman Walsh stated at a press conference that no one at the Fed hopes for a rate hike in the short term. In response to a question suggesting current data would support a rate increase, Walsh said: "The judgment you expressed is not shared by any of the 19 participants present. We will reconvene in six weeks to revisit this issue." (Jinshi)