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6 Things The Fed's September Meeting Minutes Release Highlighted

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6 Things The Fed's September Meeting Minutes Release Highlighted

A joint meeting between the Federal Open Market Committee and the Board of Governors of the Federal Reserve System was held last month in Washington.

Related Link: Yellen Pledges To Scrutinize Big Banks Following Wells Fargo's Scandal

Here are the top six headlines from the Fed's September 20–21 meeting:

    1. A few voting policymakers expressed worries over statements reference to postponing hike "For The Time Being."
    2. Some of the Fed's voting policymakers said a cautious approach could help the labor market heal more.
    3. Many of the Fed's voting policymakers noted there were few signs of inflation pressure; progress on inflation was slow.
    4. Voting Fed policymakers generally agreed the case for hikes had strengthened.
    5. The Fed's voting policymakers noted there was a reasonable argument for either hiking in September or waiting for additional data minutes.
    6. Several voting Fed policymakers thought rates should rise relatively soon.

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Posted-In: Board of Governors Federal Reserve System FOMCNews Events Federal Reserve

 

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