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01 February 2017 FOMC Meeting Minutes: Little Seems to Have Changed Since the Previous Meeting

Wednesday, February 22, 2017 12:36
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(Before It's News)

Fed-sealSMALLThe 01 February 2017 meeting statement presented the actions taken. This post covers the economic discussion during this FOMC meeting between the members (minutes were released today). There was considerable discussion on when to raise the federal funds rate again:

it might be appropriate to raise the federal funds rate again fairly soon if incoming information on the labor market and inflation was in line with or stronger than their current expectations or if the risks of overshooting the Committee’s maximum-employment and inflation objectives increased …..

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Source: http://econintersect.com/pages/releases/release.php?post=201702221318

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