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Fed policymakers leave little doubt: Rate hikes can wait


  • Economy
  • Saturday, 19 Jan 2019

Fed Chair Jerome Powell(pic first used the word "patient" to describe his approach to monetary policy early this month, in words that soothed financial markets after months of volatility.  This week seven other policymakers followed Powell in embracing a "patient" approach or otherwise signaling an inclination to pause the cycle of rate hikes.

Fed Chair Jerome Powell(pic first used the word "patient" to describe his approach to monetary policy early this month, in words that soothed financial markets after months of volatility. This week seven other policymakers followed Powell in embracing a "patient" approach or otherwise signaling an inclination to pause the cycle of rate hikes.

SOMERSET, N.J./SAN FRANCISCO: Patience" is the new mantra at the Federal Reserve, less than two weeks ahead of the U.S. central bank's first policy meeting of the new year, as officials leave little doubt they want to stop raising interest rates - at least for a while.

Fed Chair Jerome Powell first used the word "patient" to describe his approach to monetary policy early this month, in words that soothed financial markets after months of volatility.

Economy , Corporate News

   

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