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Fed policymakers see one US rate hike, or none, as growth slows


If that view is widely held, the Fed's March forecasts could show a suddenly flatter path for interest rates that better matches its new 'patient' policy. In December, when the Fed raised interest rates a fourth time that year, most Fed policymakers penciled in two more rate hikes for this year.

If that view is widely held, the Fed's March forecasts could show a suddenly flatter path for interest rates that better matches its new 'patient' policy. In December, when the Fed raised interest rates a fourth time that year, most Fed policymakers penciled in two more rate hikes for this year.

BIRMINGHAM, Ala./SAN FRANCISCO: When the Federal Reserve last month adopted a new "patient" approach to monetary policy, it gave no specific guidance about how long its policy pause would last, or how many more interest-rate increases, if any, were in the offing.

This week, as disappointing U.S. retail sales and industrial production data raised the prospect that the U.S. economy will slow more quickly than expected, three Fed policymakers gave an answer: one rate hike, or perhaps none at all.

Corporate News , Banking , Markets

   

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