Fed's Powell - Our overarching goal is to sustain the expansion
From forexflow.live
Jobs market is still strong • Still expects economy to grow at a solid pace in 2019 • Fed will be patient • Week retails bounced back in Jan but still pointed to slower spending • Brexit and ongoing trade negotiations pose risks • Much of today's meeting was about what to make of the various indicators • Lower oil to push inflation below 2.0% temporarily • It may be sometime before the outlook calls for a policy change • Rate projections in S.E.P are not a complete decision • We may hold the size of our holdings roughly constant for a time • Reserve balances in Sep may still be above what's needed for efficient ...
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