Fed Minutes to Hint at How Trade Spat Could Affect Outlook
- Fed committee likely discussed risks from U.S.-China dispute
- Policy committee may be more confident on inflation’s rebound
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Federal Reserve policy makers have been publicly cautious about what a U.S. trade dispute with China could mean for their outlook if it escalates, but investors will get a peek at what they really think when the central bank publishes an account of its March meeting.
“For now, the stock market is very hung up on the issue,” said Stephen Stanley, chief economist at Amherst Pierpont Securities LLC. “The Fed’s view has been this is at an early stage and it doesn’t affect the outlook yet. Investors will be very curious if there is anything in the minutes.”