Inflation forecasts down with dollar strength and the energy prices.
Participants see slack in economy. (employment)
At Zero - lower bounds, there are asymmetric risks.
Committee will re-evaluate,
Response will be to incoming data.
No calendar based date for rate.
Threat of any bubble is moderate.
Our comments: The Fed is aware that exports are affected by a stronger dollar. It seems to be keen to maintain USA's competitiveness.
Without any risk or responsibility
Participants see slack in economy. (employment)
At Zero - lower bounds, there are asymmetric risks.
Committee will re-evaluate,
Response will be to incoming data.
No calendar based date for rate.
Threat of any bubble is moderate.
Our comments: The Fed is aware that exports are affected by a stronger dollar. It seems to be keen to maintain USA's competitiveness.
Without any risk or responsibility
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