Fed Rate Hike Risk Returns as Official Cites Worsening Economy

A Federal Reserve official said the central bank may have to move toward rate hikes if economic conditions worsen, v.daum.net reported. The remark came amid continued uncertainty surrounding U.S. monetary policy and suggested that changes in economic conditions could remain an important factor in future rate decisions. The core point in the original report is that a Fed official mentioned the possibility of rate increases under the condition of a deteriorating economy. No specific figures or additional policy timetable were provided. Markets may view the comment as a sign that the Fed is not ruling out a tighter policy option depending on the economic path. Source: v.daum.net.