To pause or not to pause? Fed officials divided ahead of critical June meeting

Yahoo!Finance/Jennifer Schonberger/6-8-2023

“Federal Reserve officials are divided on whether to raise interest rates at the central bank’s policy meeting next week.”

USAGOLD note: As we kick off Fed week, three FOMC members favor a hike, two a pause, four could go either way, and two have not commented, according to YahooFinance. The Fed meets for two days starting Tuesday with a rate announcement and press conference scheduled for Wednesday.