FOMC members agree uncertainty over US prospects has ‘greatly increased’
Fed policy-makers see labour market improving but financial conditions tightening
Uncertainty over future prospects for the US economy has "greatly increased", senior policy-makers at the US Federal Reserve agreed on January 26 and 27. Minutes of the last monetary policy meeting were released on February 17.
Many members of the Federal Open Market Committee (FOMC) saw recent economic developments as "increasing the downside risks to the outlook". This "mainly" reflected "greater uncertainty about global economic prospects and the financial market turbulence in the United
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