aabd693e573b4ca82480a9af80daae3793704d95

Fed policymakers worried about slow global growth: minutes

Several Federal Reserve policymakers cautioned against an interest rate increase in AprilFederal Reserve policymakers were broadly worried about the threat of slower global growth to the US economy, the minutes from their March 15-16 meeting showed Wednesday. As they decided against an interest rate hike at that meeting, several also cautioned against an increase in April, saying it would signal a sense of urgency over US monetary conditions that “they did not think appropriate,” the minutes said. The minutes showed most of 17 participants in the Federal Open Market Committee (FOMC) policy review were comfortable with the pace of growth in the US economy, agreeing it will continue to expand at a moderate rate over the medium term with only a “gradual” tightening of monetary conditions.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 2 weeks ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article

Leave a Reply

Your email address will not be published. Required fields are marked *