Some FOMC participants said it may be appropriate soon to change forward-guidance in statement regarding "accommodative" stance of Central Bank monetary policy

Market news

24 May 2018

Some FOMC participants said it may be appropriate soon to change forward-guidance in statement regarding "accommodative" stance of Central Bank monetary policy

A few policymakers noted that Federal Funds rate could reach neutral level "before too long" if rate increases continued
Some participants said uncertainty around trade policy outcomes could dampen business sentiment and spending
A number of participants said U.S. trade policies raised a "particularly wide" range of risks for economic activity and inflation

Many FOMC participants saw little evidence of general overheating of labor market, with wage pressures "still moderate"

Most participants in Federal Reserve's may policy meeting felt it would "soon be appropriate" to raise interest rates again if economic outlook remained intact - Minutes

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