MARKETS ALERT : Fed Minutes Show Comfort With Pause on Interest Rates
Many Federal Reserve officials said they expected a soft patch in inflation would prove temporary at their April 30-May 1 policy meeting, but several raised concerns about what might happen if price pressures continued to defy expectations by holding at lower levels.
On the whole, the minutes of the latest policy meeting showed officials were broadly comfortable with their current make-no-moves posture.
Impact : Medium
Sentiment : Bad for Dollar
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Many Federal Reserve officials said they expected a soft patch in inflation would prove temporary at their April 30-May 1 policy meeting, but several raised concerns about what might happen if price pressures continued to defy expectations by holding at lower levels.
On the whole, the minutes of the latest policy meeting showed officials were broadly comfortable with their current make-no-moves posture.
Impact : Medium
Sentiment : Bad for Dollar
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