USA_ FOMC Minutes Reiterate “Careful” Approach Amid High Uncertainty, Raise Possibility of Slowing Runoff; We Now Expect Treasury Runoff to End in May
2025-02-23 14:59
19 February 2025 | 5:13PM EST USA: FOMC Minutes Reiterate "Careful" Approach Amid High Uncertainty, Raise Possibility of Slowing Runoff; We Now Expect BOTTOM LINE: The minutes to the FOMC's January meeting noted that the "majority" of participants favored taking a "careful approach" to "additional adjustments to the stance of monetary policy," in light of elevated uncertainty around the economic outlook, the neutral interest rate, and the economic effects of potential government policy changes. The minutes ...