Fed minutes give some flexibility for interest rates this year

Minutes from the last meeting of the Federal Reserve do not change much in perceiving perspectives for the US dollar. However, a few interesting sentences appeared in the opinions of the bankers which gives a more flexibility for interest rates this year. This "flexibility"  can be a small hint on cuts, but on the other hands, there are still members that want interest rate increases

  • Fed majority saw risks warranting rates on hold through 2019
  • Several Fed officials noted rate views could shift either way
  • Fed saws significant uncertainties around outlook
  • Several Fed officials concerned yield curve was quite flat
  • Most Fed officials did not expect spending weakness to persist
  • Generally agreed patient was appropriate approach
  • Majority saw rates on hold through 2019
  • Several Fed officials noted rate views could shift either way
  • Some Fed officials saw further modest increase later this year

The dollar is a little stronger after minutes release. Source: xStation5

 

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