Federal Reserve policymakers more confident about economy

Federal Reserve policymakers more confident about economy
 

The US Federal Reserve is preparing for stronger-than-expected economic growth this year, a view that boosts the case for higher interest rates.
But some policymakers remain doubtful that the gains will appear in the form of rapid inflation and higher wages.
Those members urged their colleagues to be "patient" as they weigh future rate rises.
The views were revealed in minutes published on Wednesday from the Fed's January meeting.
The meeting, the final gathering led by former Federal Reserve chair Janet Yellen, concluded 31 January.
It preceded turmoil in the stock market that... read more

 
21 February 2018 in Business, Views: 44
Source: BBC
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