Fed Officials Not Losing Patience Fast Enough to Hike in March
- Lack of big momentum in inflation keeps gradual policy intact
- Majority of Fed officials want more clarity on Trump policies
Making the Case for a Fed Rate Hike in May
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The Federal Open Market Committee is preparing to lose its patience, but probably won’t do so in time to raise interest rates next month.
For just about all of last year, U.S. central bankers found reasons not to hike until they finally did in December.