WASHINGTON | Fed minutes: Growing risks make rate hike path less clear

9Jan - by Editor - 0 - In STL.News

WASHINGTON Federal Reserve officials expressed increasing worries when they met last month, as they grappled with volatile stock markets, trade tensions and uncertain global growth.

The threats, they said, made the future path of interest rate hikes “less clear.”

According to minutes of the Fed’s December gathering released Wednesday, officials believed that with inflation still muted, the central bank could afford to be “patient” about future rate hikes.

Continue reading WASHINGTON | Fed minutes: Growing risks make rate hike path less clear at STL.News.

Source link