Add this topic to your myFT Digest for news straight to your inbox
Upside and downside both have risks and the FOMC is split on the way forward
Mike Mackenzie’s daily analysis of what’s moving global markets
Wide divergence of views on central bank board included resistance to any action at all
Jay Powell needs to improve his communication of monetary policy
Fed chief upsets financial markets that have priced in significantly more easing
Monetary policy pivot towards easing driven by four shifts in US Fed’s thinking
The FOMC thinks low growth and low inflation may be more persistent than expected
Central bank downgrades its description of the health of the US economy
US central bank is examining a radical overhaul of its monetary policy framework
Comments by voting member of FOMC leads investors to increase bets on imminent action
Conflicting evidence on the strength of US economy may guide central bank caution
Comments from top central banker come amid uncertain economic outlook
Eric Rosengren says Fed can be patient amid uncertain economic outlook
Fed chair highlighted growth concerns without signalling pause to rate rises
Forward markets now show only one rate hike in 2019
Robert Kaplan says patience is needed given tepid inflation and softening global growth
International Edition