Federal Reserve Chairman Walsh sidestepped the question of whether the current level of interest rates is adequate enough. He said, “There is general agreement that the actions we have taken before have begun to show some results.” But at the same time, he added that no clear conclusion has yet been reached on whether further interest rate hikes are needed in the future.

Federal Reserve Chairman Walsh sidestepped the question of whether the current level of interest rates is adequate enough. He said, “There is general agreement that the actions we have taken before have begun to show some results.” But at the same time, he added that no clear conclusion has yet been reached on whether further interest rate hikes are needed in the future.