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Bank of China Actions To Stabilize the Yuan Weighing On USD

Bank of China Actions To Stabilize the Yuan Weighing On USD

3 Years ago | January 08, 2017 00:00:00

John M. Bland, MBA

Fed Policy Minutes send conflicting messages
The two most salient items in their notes seemed to be that they feel that increased fiscal stimulus by the incoming Trump administration should likely cause the FOMC to raise its economic growth forecasts. That suggests that the future path for interest rates might have to be adjusted higher. They also worried that a higher USD could be a restraint on inflation. Since the Fed targets employment and inflation, consistently missing to the downside its inflation target

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