FOMC Minutes Reviewed

Review of FOMC Minutes

January 4, 2017

Minutes of the Federal Open Market Committee’s December meeting that hiked the federal funds range target by 25 basis points to 0.50 – 0.75% paid only scant attention the disinflationary risk of dollar appreciation: Several, participants, however, pointed out that market-based measures of inflation compensation were still low or that downside risks to inflation remained, […] More