Kedai Trader: FOMC Review - Fed on Track to Raise Rates Despite Weak Inflation, Minutes Show | Rekomendasi Emas | Rekomendasi Saham | Rekomendasi Forex | Rekomendasi CFD | Analisa Emas | Analisa Saham | Analisa Forex | Analisa CFD
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Thursday, October 12, 2017

FOMC Review - Fed on Track to Raise Rates Despite Weak Inflation, Minutes Show

FOMC Review - Fed on Track to Raise Rates Despite Weak Inflation, Minutes Show

Most Federal Reserve officials believed at their meeting last month that they would likely raise short-term interest rates again this year, though some said their decision would hinge on whether inflation picks up in coming months.

The key question for policy makers is whether the recent soft patch in price increases is temporary or whether it reflects longer-lasting developments, according to minutes of the central bank's Sept. 19-20 meeting. Many officials at the meeting believed subdued inflation is temporary. If it isn't, some indicated it would cause them to reassess the projected path of rate increases.

Impact : Mendium
Sentiment : Bad for Dollar, Inflation on Focus

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