Fed On Hold, Arguments in Favor of Policy Supporting Growth Outweigh Inflation Concern |
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Fed On Hold, Arguments in Favor of Policy Supporting Growth Outweigh Inflation Concern The main message from the minutes of the August 5 FOMC meeting is that the Fed is on hold for several meetings, barring unexpected developments. That said, the minutes lean toward favoring policy supportive of economic growth in the inflation-growth debate. Inflation did feature extensively, but growth and financial market stability are at the top of the list of concerns. The concern about inflation
Filed under: Fundamental
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