FYI: ( The Linkster says, sorry POTUS)
—Federal Reserve officials signaled they see a strong economy justifying continued interest-rate increases and said they will watch for evidence their moves are keeping economic growth on an even keel, minutes of their September policy meeting showed.
The minutes, released Wednesday after a three-week lag, follow several weeks of effort by Fed officials to emphasize uncertainty about the precise level of interest rates that will neither spur nor slow growth, a destination favored right now by most officials.
The central bank this year has grown increasingly determined to gradually lift rates to such a neutral setting because the unemployment rate is below officials’ estimates of the level consistent with stable inflation and the economy is expanding solidly. The minutes show little consensus so far about what to do after they determine rates have reached neutral.
Regards,
Ted
https://www.wsj.com/articles/fed-minutes-point-to-continued-gradual-interest-rate-increases-1539799489?mod=hp_lead_pos2
