Some Fed officials concerned April hike would ‘signal a sense of urgency’

Federal Reserve
The US Federal Reserve, Washington, DC

Minutes from the latest US Federal Reserve Open Market Committee (FOMC) meeting reveal some Fed officials are concerned an interest rate hike in April would "signal a sense of urgency they did not think appropriate".

On March 15 and 16, the FOMC kept its federal funds rate target at 0.25–0.5%. During that meeting, participants "expressed a range of views" about the likelihood that incoming information would make an adjustment appropriate at their next meeting, on April 26–27.

"A number of

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