“A few,” the meeting participants called for a cautious approach to interest rate hike, highlighting concerns that making it in April could be perceived as hurried as they considered inappropriate. Other participants argued for hike in April. It was agreed that for the time increases decide the data, not the calendar.
“minutes” that participants at the meeting rather agree on the shaky state of the financial markets and the global economy despite the decline in volatility listed at the beginning of the year.
– Several participants expressed the view that foreign factors underlying large, although a temporary deterioration in global financial conditions earlier in the year have not disappeared completely, and thus continue to pose a threat – says the minutes of the March meeting.
Next FOMC meeting will be held on April 26-27. Before the publication of “minutes” traders saw little chance of a rate hike in April and put up, it will be the only one in this year.
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