Fed members’ outlook improves, paving the way for further tightening

Fed members’ outlook improves, paving the way for further tightening

Federal Reserve members continues to see the risks surrounding the U.S. economy “broadly balanced,” but the total number of members who expect a better than expected outcomes for both inflation and employment rose to the highest level since January 2012.

Four policymakers foresee upside risks to inflation, compared to 3 in December, while only one member saw risks tilted to the downside and the rest of members said risks were broadly balanced.

“For the unemployment rate, four policy makers saw risks that the measure would be lower than anticipated, up from three in December; 13 saw risks as balanced,” according to Bloomberg.

Ahmed Mamdouh

Ahmed Mamdouh, Co-Founder and Head of English Fundamental Analysis at FXComment.com, with 7 years of experience in the financial markets. Mamdouh holds a Master’s Degree in Economics from The American University in Cairo and a Bachelor Degree in Economics from The Faculty of Economics and Political Science, Cairo University.

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