A Few FOMC Officials Said Letting Inflation Temporarily Run Above Target Could Be Helpful

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6 July 2018

A Few FOMC Officials Said Letting Inflation Temporarily Run Above Target Could Be Helpful

Many Officials Saw Gradual Increases Taking Fed Funds Rate To Neutral Level Sometime Next Year
Officials Generally Favor Raising Fed Funds Rate To Level At or Above Neutral by 2019 or 2020
Removal of Forward Guidance Language From Statement Reflected Progress Toward Fed's Goals

FOMC Minutes: Almost All Officials Favored Rate Hike At June Meeting

FOMC Minutes: Most Officials Saw Intensified Risks, Uncertainty From Trade Policy

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