But it signaled that it wants more time to monitor the economy and that it still envisions
a gradual pace of rate increases.
The central bank acknowledged rising inflation but provided little indication that officials are worried about a sudden, rapid escalation in prices or an abrupt slowdown in economic growth that could alter
its gradual pace of rate increases.
Not exact matches
The rise in the annual inflation measures reported by the Commerce Department on Monday was anticipated by economists and Fed officials and is not expected to alter the U.S. central bank's
gradual pace of interest
rate increases.
The rise in the annual inflation gauges reported by the Commerce Department was anticipated by economists and Fed officials and is not expected to alter the US central bank's
gradual pace of interest
rate increases.
The
pace of Fed
rate increases is likely to be
gradual, meaning
rates should stay low from a historical perspective for the foreseeable future.
The
pace of Fed
rate increases is likely to be
gradual, meaning
rates should stay low from a historical perspective for the foreseeable future.
As a result,
increases in demand (absorption) generally are exceeding the
pace of new supply, which is leading to
gradual improvements in occupancy
rates and allowing the industry to gain traction towards recovery,» says Hargrave.