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Long winter's nap? Global slowdown, market fears could extend Fed pause

Updated : January 28, 2019 01:27 PM IST

Similar conditions confront Fed policymakers as they meet this week, with market skepticism about further rate hikes as deep as it was three years ago, and a stalemate over global trade, a US federal government shutdown, and waning business and consumer confidence further clouding the picture.
Policymakers have been clear they plan a “patient” pause in rate hikes. The challenge for Fed chairman Jerome Powell is how much of a pause to signal without leaving the public convinced that the Fed’s current cycle of rising interest rates has come to a full stop.
Long winter's nap? Global slowdown, market fears could extend Fed pause

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