Global Economic News

Fed Minutes Suggest Interest Rate Outlook Could Shift In Either Direction

While projections provided by the Federal Reserve following the March monetary policy meeting suggested the central bank no longer expects to raise interest rates this year, the minutes of the meeting note the outlook for rates remains fluid.

The minutes said a majority of meeting participants expected that the evolution of the economic outlook and risks to the outlook would likely warrant leaving rates unchanged for the remainder of the year.

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by RTTNews Staff Writer

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