The Fed statement said: «The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has
seen some further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.»
As usual, the Fed chair hedged her bets somewhat, saying she wanted to
see further improvement in labor market conditions and greater confidence that inflation would move back up to 2 % in the next few years, but, based on current trends, it seems that small, incremental hikes in base interest rates are looming on the horizon.
Not exact matches
Officials said at the last Fed meeting,
in July, that they wanted to
see «some
further improvement»
in labor markets.
In deciding when to hike rates, the Fed repeated that it wanted to see «some further improvement in the labor market,» and be «reasonably confident» that inflation will increas
In deciding when to hike rates, the Fed repeated that it wanted to
see «some
further improvement in the labor market,» and be «reasonably confident» that inflation will increas
in the
labor market,» and be «reasonably confident» that inflation will increase.