Sentences with phrase «further gradual increases»

The committee says it expects «economic conditions will evolve in a manner that will warrant further gradual increases in the federal funds rate; the federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run.

In the policy statement the Fed issued after the January meeting, the central bank outlined its approach to raising rates, saying it «expects that economic conditions will evolve in a manner that will warrant further gradual increases in the federal funds rate.»

As Jerome Powell, Trump's hand - picked new Fed chairman, said at a news conference after the central bank's most recent meeting in March, «We're trying to take the middle ground, and the committee continues to believe that the middle ground consists of further gradual increases in the federal - funds rate.»

The Committee expects that economic conditions will evolve in a manner that will warrant further gradual increases in the federal funds rate; the federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run.

Although economic conditions will evolve in a manner that will warrant further gradual increases in the federal funds rate, the federal funds rate is likely to remain, for some time, below levels that are expected to prevail in the longer run.

The Fed said in a statement after its latest policy meeting that it expects «further gradual increases» in rates and says it's moving close to achieving its 2 percent target for annual inflation.

«The committee expects that economic conditions will evolve in a manner that will warrant further gradual increases in the federal funds rate.»

At the conclusion of its two - day meeting, the policy - setting Federal Open Market Committee also reaffirmed that it expected to continue on a path of «further gradual increases» in the benchmark lending rate, which it hiked in March.