FOMC minutes: pressure for more rate rises

17 October 2018

 

Apparently, some members of the FOMC may be advocating for a more hawkish approach to US monetary policy. The FOMC, or Federal Open Markets Committee, is a committee of the US Federal Reserve and its members vote on the stance of US monetary policy. The Fed made its first rate increase of this cycle in December 2015. It then paused for one full year before it raised the rate another...

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