Fed Minutes Show Comfort With Prolonged Pause on Rates - News Summed Up

Fed Minutes Show Comfort With Prolonged Pause on Rates


WASHINGTON—Federal Reserve officials at their mid-December meeting appeared comfortable holding interest rates steady in the months ahead. Despite some recent economic improvements, officials said they still saw elevated risks of weaker-than-expected growth due to the global slowdown and U.S.-China trade tensions that prompted them to cut rates last year, according to meeting minutes released Friday.


Source: Wall Street Journal January 03, 2020 19:05 UTC



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