• A number of Fed policymakers said economic outlook implied steeper rise in Fed funds rate over the next few years than previously expected

Market news

12 April 2018

A number of Fed policymakers said economic outlook implied steeper rise in Fed funds rate over the next few years than previously expected

  • All policymakers said further tightening policy likely warranted, almost all agreed gradual approach appropriate

  • Some Fed policymakers said future Fed statements might need to signal that policy will shift to being a neutral or restraining factor for the economy

  • Almost all policymakers supported hike at march meeting; a couple pointed to possible benefits of postponing hike

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