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The FOMC Fed Espouses Treatise Immediately Raise Interest Rates

Washington (Benchmark News) – The U.S. Federal Reserve policy makers seem sure shortly before the US presidential election against the economy will be strong enough to warrant a rise in interest rates as soon as possible.

So the Fed’s meeting on the treatise 1-2 November 2016. In the treatise, released on the Fed’s meeting on Wednesday (23/12/2016) endorsing the view of Wall Street’s consensus when the Fed is ready to raise the tribe on Dec.

Policymakers maintain borrowing costs unchanged earlier this month, just days before the Donald Trump of the GOP win in the presidential election on November 8.

Voting members of the Committee setting interest rates the Fed sees economic risks the same will be exceeded or below their estimates for growth and further tightening of the labor market.

“Almost all of them continue to assess that risk-risk short-term economic prospect for more or less in balance,” according to the treatise.

The majority of owners voting rights policy makers favor delaying a rise in interest rates “for the moment,” according to the treatise, a view which is reflected in the language of the policy statement of 2 November.

As many as 17 policymakers who participated at the meeting policy November, among whom 10 have voting rights. Among a wider group of participants, the majority says “could be the right” to raise rates “relatively soon,” according to the treatise.

Some argue the increase would come at the Fed’s December meeting in an effort to preserve the “credibility” of the central bank.

Fed officials have ignored the significance of the election of Trump for short-term policy decisions, although they have warned the Fed could raise the tribe more quickly if the federal budget deficit widened under the Trump.

The Chairman of the Fed’s Janet Yellen said last week before Congress that the election Trump does not change anything the Fed’s plan to raise rates “relatively soon…(Red)

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