Fed minutes hint at a longer pause
Meeting minutes suggested policymakers are in no hurry to move, leaning toward patience over action.
Meeting minutes suggested policymakers are in no hurry to move, leaning toward patience over action.
Minutes from the latest meeting suggested policymakers are comfortable staying patient, leaning toward holding rates steady rather than rushing into cuts.
The read-through
A longer pause keeps borrowing costs elevated for now, which matters for everything from mortgages to growth-stock valuations.
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The tapePatience is the watchword — the Fed seems content to wait for more data.
Sources: Sample wire