FOMC Minutes: Alternative Scenarios Showed Potential Rate Hikes Or Cuts
– Most Agree ‘Some Policy Firming’ Needed if Inflation Elevated, Employment Stable – ‘Almost All’ Agree Cut Rates ‘Eventually’ if Inflation ‘Dissipates,’ Returns to 2% – ‘A Few’ Made Case For Rate Hike, But Not Immediately By Steven K. Beckner (MaceNews) – With Kevin Warsh chairing the Federal Open Market Committee for the first time […]