Fed keeps options open as countdown to lift-off begins

Federal Reserve
Federal Reserve, Washington, DC

The Federal Reserve could raise interest rates more gradually than first thought, despite the Federal Open Market Committee (FOMC) dropping the reference to being "patient" yesterday.

The guidance was intended to show the committee would not raise interest rates for "at least a couple of meetings" and its removal marks the next step on the path to normalising monetary policy.

Nonetheless, the FOMC sent mixed signals. Although it could raise interest rates as early as June – it explicitly rules o

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking 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: