Economics
Fed Signals a Year of Patience Is Ahead With a Grab Bag of Growth Risks
- Minutes show officials leaving scope to raise or cut rates
- ‘The bar is high’ moving rates up or down, economist says
The Marriner S. Eccles Federal Reserve building stands in Washington.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
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Federal Reserve officials signaled on Wednesday they’re prepared to move interest rates higher or lower as needed, but an unusual mix of risks means they could remain on hold all year.