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FOMC minutes: If uncertainty around outlook abated, Fed would need to reassess its ‘patient’ stance

The minutes from the Federal Reserve’s January 29-30  monetary policy meeting have been published  with key highlights, via Reuters, found below.

  • Fed participants felt asset valuations ‘less stretched’ in January than a few months earlier.
  • Almost all participants thought it would be desirable to announce plan to stop reducing balance sheet later this year.
  • Many participants observed if uncertainty around the outlook abated the Fed would need to reassess its ‘patient’ stance.

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