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FOMC Minutes: Fed's Participants Say Fed Was At Or Near Point To Slow Pace Of Easing; If Data Came In As Expected, Appropriate To Gradually Move Toward Neutral Policy Stance; Expected Inflation To Move Toward 2%, But Potential Trade And Immigration...

Benzinga ·  Jan 9 03:02

FOMC Minutes: Fed's Participants Say Fed Was At Or Near Point To Slow Pace Of Easing; If Data Came In As Expected, Appropriate To Gradually Move Toward Neutral Policy Stance; Expected Inflation To Move Toward 2%, But Potential Trade And Immigration Policy Changes Could Slow Process; A Number Of Participants Incorporated 'Placeholder Assumptions' On Policy Changes Into Projections; Vast Majority Supported Lowering Rate Target By 25 Basis Points

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