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Fed Expects To Stay The Course On Rates: Minutes

Fed Expects to Stay the Course on Rates: Minutes

Oct. 19, 2018 — Federal Open Market Committee members generally expect further gradual increases in the target federal funds rate, according to the minutes of their latest meeting. Members of the Fed’s policy-setting panel said gradual rate hikes would be consistent with sustained economic growth and stable inflation, though some cited trade policy developments and financial stresses in certain emerging markets as potential risks.

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