BREAKING NEWS: Fed Weighs Public Perception of Rate Hike Timing, Meeting Minutes Show
At its December meeting, the Federal Reserve’s policy-setting board debated the importance of communicating how economic and financial data influence the committee’s policy decisions. Also, how the addition of language describing the Fed as ‘patient’ toward normalizing policy would affect market sentiment. Members agreed policy shifts would be data-dependent, while noting economic activity was expanding moderately.
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