FOMC Minutes: Many said uncertainty over neutral rate made it appropriate to move slowly ...Middle East

Highlights from the Nov 6-7 FOMC decision:???? ON FUTURE POLICY PATH: "Participants anticipated that if the data came in about as expected, with inflation continuing to move down sustainably to 2 percent and the economy remaining near maximum employment, it would likely be appropriate to move gradually toward a more neutral stance of policy over time."???? ON ECONOMY: "Recent indicators suggested that economic activity had continued to expand at a solid pace, labor market conditions had generally eased since earlier in the year, and the unemployment rate had moved up but remained low."???? ON INFLATION: "Almost all participants judged that, though month-to-month movements would remain volatile, incom

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