-
The Fed could face a possible 'inflation scare' in 2020 with commodity prices on the rise
The Federal Reserve’s annual reshuffle of its rate-setting committee means two dissenters will no longer cast votes, and a seemingly more unified group could be left to face a new challenge early in the year — the possible emergence of inflation. Chairman Jerome Powell, after the central bank’s December meeting, made clear that the Fed would keep its policy on hold and remain on the sidelines, unless the outlook for the economy changes or there is a significant and persistent change in inflation. Minutes from that meeting are expected to be released Friday afternoon. “I think there are a couple of things that ... (full story)