The statement noted the FOMC sees inflation close to goal, and sees
further gradual rate hikes going forward.
Not exact matches
When the Federal Reserve
hiked short - term interest
rates on December 16, 2015, it announced that it may make
further «
gradual increases» when economic conditions permit.
So
far, however, Fed officials have treated the stronger economic news as a reason to carry out their plans for
gradual rate hikes, rather than as a reason to start raising
rates more quickly.
Federal Reserve likely to leave
rates unchanged while signaling
further gradual hikes ahead.