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Oil drilling rig, tanghai county of hebei province oil fields in China

Lack of inflationary pressure means Federal Reserve can be patient with rate hikes

Federal Reserve Building

With inflation still muted, officials said in December that the central bank could afford to be "patient''

Federal Reserve Building

Updated forecast projects two hikes in 2019, down from three


Core retail sales exceed expectations in November

Federal reserve building, Washington DC. USA.

Flat headline reading reflects oil-price plunge

Facade of the Federal Hall Wall Street

The meeting minutes echo Fed chairman Powell's comments that hikes aren't on a pre-set course

Federal Reserve Building

Some economists say three rate increases for next year are beginning to look less certain

Federal reserve building, Washington DC. USA.

Next hike expected in December

Federal Reserve Building is the headquarter of the Federal Reserve System and 12 Federal Reserve Banks, Washington DC, USA

Most economists expect next interest rate hike in December

Federal Reserve Building

Meeting minutes reveal diverging opinions, but gradual pace likely to continue