Thread: FOMC Meeting Minutes

Are they pivoting?


Scott Harrison
Senatobia, MS

Fed officials see higher rates for ‘some time’ ahead

“Participants generally observed that a restrictive policy stance would need to be maintained until the incoming data provided confidence that inflation was on a sustained downward path to 2 percent, which was likely to take some time,” the meeting summary stated. “In view of the persistent and unacceptably high level of inflation, several participants commented that historical experience cautioned against prematurely loosening monetary policy.”

https://www.cnbc.com/2023/01/04/fed-...ber-2022-.html