Home FOMC minutes: Several participants saw further rate hikes appropriate in 2019
FXStreet News

FOMC minutes: Several participants saw further rate hikes appropriate in 2019

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

  • Several participants said saw further rate hikes appropriate in 2019 if economy evolved as expected.
  • Policymakers said the balance sheet normalization process should support the meeting of dual-mandate goals.
  • A few participants said summary of economic projections (September) may not accurately convey committee’s policy outlook.
  • Almost all participants thought it desirable to announce before too long a plan to stop reducing the federal reserve’s asset holdings later this year.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.