Fed minutes signal patience on rate moves for ‘some time’

FEDERAL RESERVE officials judged at their latest meeting that their patient approach to interest-rate changes would be appropriate “for some time.” /BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
FEDERAL RESERVE officials judged at their latest meeting that their patient approach to interest-rate changes would be appropriate “for some time.” /BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER
NEW YORK – Federal Reserve officials judged at their latest meeting that their patient approach to interest-rate changes would be appropriate “for some time,” and many sided with Chairman Jerome Powell's view that the recent dip in inflation was probably temporary. “Members observed that a patient approach to determining future adjustments to the target range…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -