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Fed Not in a Hurry to Raise Rates: FOMC Meeting Minutes

February 19, 2015 by Robby Oakes

Federal Open Market Committee policymakers are in no hurry to raise the target federal funds rate. Members said that raising rates too soon could swamp the strengthening economy and expressed concerns that changing the committee’s current “patient” stance on rising rates could cause more harm than good to current economic conditions.

Filed Under: Market Outlook Tagged With: Federal Reserve, FOMC, Inflation Rate

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Robby Oakes

CIMG Managing  Director
NMLS# 91606

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