Fed takes cautious stance on rate path

Incoming Fed officials signal there may be a rate-hike pause

James Bullard
James Bullard: FOMC is “bordering on going too far”
Tom Campbell

Federal Reserve officials recognise the path for the policy interest rate is “less clear” this year, after it hiked the rate at its December meeting.

Federal Open Market Committee minutes released on January 9 reveal that against the backdrop of market volatility, slower global growth and low inflation, “many” FOMC members believe the Fed “could afford to be patient about further policy firming”.

Officials said the effects of recent tightening are “likely still working their way through the

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: