Fed Meeting Minutes Show Worries About Low Inflation But No Appetite to Cut Rates

Fed Meeting Minutes Show Worries About Low Inflation But No Appetite to Cut Rates
Federal Reserve Board chairman Jerome Powell speaks during a news conference in Washington, on May 1, 2019. Mark Wilson/Getty Images
Tom Ozimek
Updated:

The Federal Reserve has released the minutes of its December interest-rate setting meeting, showing meeting participants are concerned about low inflation but confident enough in the economy to hold rates steady going forward.

At a December meeting of the Fed’s policymaking body—the Federal Open Market Committee (FOMC)—officials voted to keep their benchmark interest rate in a range between 1.5 percent and 1.75 percent.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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