November FOMC minutes: Rate setting committees position was to proceed carefully ...Middle East

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November FOMC minutes: Rate setting committees position was to proceed carefully
source : forex live ( Middle East ) () 19
Participants’ Views on Current Conditions and the Economic OutlookRate setting committee's position was to proceed carefullyall participants agreed policy decisions at every meeting would continue to be based on totality of incoming informationall participants judged it appropriate to maintain target interest rate at 5.25% – 5.5%Real GDP expanded strongly in Q3, driven by a surge in consumer spending.Despite robust growth, participants see aggregate demand and supply coming into better balance due to restrictive monetary policy and normalizing supply conditions.Labor market remains tight but has eased, partly due to recent increases in labor supply.Current monetary policy is restrictive, put

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