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.»
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.
Not exact matches
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.»