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Fed Not in a Hurry to Raise Rates: FOMC Meeting Minutes

Minutes of the Federal Open Market Committee (FOMC) meeting held January 27 and 28 were released on Wednesday. According to the minute's transcript, it appears that Fed policymakers are in no hurry to raise the target federal funds rate. Members said that raising rates too soon could swamp the strengthening economy and expressed concerns that changing the committee's current "patient" stance on rising rates could cause more harm than good to current economic conditions. FOMC members discussed … Continue reading...

Posted in: Blog Tagged: Federal Reserve, FOMC, Inflation Rate

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RE/MAX ACR ELITE GROUP, INC. Hillsborough

13907 N. Dale Mabry Hwy., Ste. 101
Tampa, FL 33618
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1465 S. Ft. Harrison Ave, Ste. 100
Clearwater, FL 33756
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