Meeting Minutes Say FOMC’s Stance Remains Neutral

The minutes of the Federal Open Market Committee’s
(FOMC) Aug. 4-5 assembly show that board members “did not see the current
stance of policy as particularly accommodative.” It plus revealed that
most members anticipate the next policy move to be a tightening of rates,
but the

timing and extent of any change would depend on evolving
developments.

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Original post by Mortgage News Daily - Mortgage And Real Estate News

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