There is still time. The Minutes echoed what was revealed in the post-decision statement – that the slowdown in economic activity is acknowledged in the first quarter of the year BUT labour market conditions continued

GBL: Fed Takes It Slow

Global Markets Daily by Saktiandi Supaat

FX Research

There is still time. The Minutes echoed what was revealed in the post-decision statement – that the slowdown in economic activity is acknowledged in the first quarter of the year BUT labour market conditions continued to strengthen. “The fundamentals underpinning the continued growth of consumption remained solid, while business fixed investment had firmed”. However, there seems to be a consensus to “await additional evidence” to confirm that the economic slowdown is transitory before taking ...