30 January 2019 FOMC Meeting Minutes: Federal Funds Rate Future Increases Not Clear
– this post authored by Steven Hansen
The 30 January 2019 meeting statement presented the actions taken. This post covers the economic discussion during this FOMC meeting between the members (minutes were released today). An interesting quote:
… Participants noted that some risks to the downside had increased, including the possibilities of a sharper-than-expected slowdown in global economic growth, particularly in China and Europe, a rapid waning of fiscal policy stimulus, or a further tightening of financial market conditions. An increase in some foreign and domestic government policy uncertainties, including those associated with Brexit, an escalation in international trade policy tensions, and the potential for additional extended federal government shutdowns were also cited as downside risks …
Source: http://econintersect.com/pages/releases/release.php?post=201902201326
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