The Federal Reserve’s widely expected increase in interest rates next week may prove to be the last in its current credit-tightening campaign, former Chair Ben Bernanke said.
“It looks very clear that the Fed will raise another 25 basis points at its next meeting,” he said Thursday on a webinar organized by Fidelity Investments. “It’s possible this increase in July might be the last one.”
Read More : Bernanke Anticipates Next Fed Interest Rate Hike Could Mark the End of a Trend