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The U.S. central bank's first 2020 beige book predicts conditions will be "modestly favourable across the nation"

  • By: Katie Keir
  • January 15, 2020 January 15, 2020
  • 17:02
Federal Reserve building in Washington DC, USA

At their meeting last month, Federal Reserve officials said the U.S. economy was “showing resilience”

Federal Reserve Building

Central bankers are longer worried that a healthy job market will necessarily fuel excessive inflation

Federal reserve building, Washington DC. USA.

Minutes reveal "most" officials think the three recent rate cuts are enough for now

American dollars

The Fed is likely to hold its benchmark short-term rate in the coming months

Mosaic made by pieces of Canadian banknotes

Slow growth and geopolitics weigh on the currency outlook, despite monetary policy

Federal reserve building, Washington DC. USA.

A statement removed a key phrase the central bank has used since June to indicate a future rate cut is likely

Extreme Closeup of New Polymer Twenty Dollar Bills

The monetary policies of Canada, U.S. will likely continue to diverge

Federal Reserve building in Washington DC, USA

The move isn’t aimed at lowering longer-term rates

Federal reserve building, Washington DC. USA.

They both opposed this week's rate cut, with one arguing it wasn't big enough