Economy - Finance > Sustainability

Fed officials are worried Trump's trade war will disrupt the strongest parts of the US economy, minutes show

7 monthes ago   |   By Business Insider

Federal Reserve officials have grown increasingly concerned that ongoing trade tensions with China could begin to weigh on some of the brightest spots in the US economy.
They said uncertainty from tariffs could begin to ripple through to hiring and consumer spending, meeting minutes out Wednesday afternoon showed.
The FOMC has become divided over policy since it lowered interest rates to a target range of 1.75% to 2% last month.
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Federal Reserve officials have grown increasingly concerned that ongoing trade tensions with China could begin...
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FOMC Minutes: "More concerned about risks associated with trade tensions and adverse geopolitical developments"

FOMC Minutes: "More concerned about risks associated with trade tensions and adverse geopolitical developments"

7 monthes ago   |   By Calculated Risk

From the Fed: Minutes of the Federal Open Market Committee, September 17-18, 2019. A few excerpts:
Participants generally viewed the baseline economic outlook as positive and indicated that their views of the most likely outcomes for economic activity and inflation had changed little since the July meeting. However, for most participants, that economic outlook was premised on a somewhat more accommodative path for policy than in July. Participants generally had become more concerned about risks associated with trade tensions and adverse developments in the geopolitical and global economic...
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