The U.S. central bank's first 2020 beige book predicts conditions will be "modestly favourable across the nation"
At their meeting last month, Federal Reserve officials said the U.S. economy was “showing resilience”
Central bankers are longer worried that a healthy job market will necessarily fuel excessive inflation
Minutes reveal "most" officials think the three recent rate cuts are enough for now
The Fed is likely to hold its benchmark short-term rate in the coming months
Slow growth and geopolitics weigh on the currency outlook, despite monetary policy
A statement removed a key phrase the central bank has used since June to indicate a future rate cut is likely
The monetary policies of Canada, U.S. will likely continue to diverge
The move isn’t aimed at lowering longer-term rates
They both opposed this week's rate cut, with one arguing it wasn't big enough