Fed Is In No Hurry To Cut Rates, Meeting Minutes Confirm

Sha Hanting / China News Service / VCG via Getty Images Key Takeaways The Federal Reserve’s policy committee is firmly in ‘wait and see’ mode as inflation has stayed high and President Donald Trump has yet to finalize important economic policies, the most recent meeting minutes show. The central bank put interest rates on hold in January and may not lower them again this year as it waits to see if inflation will fall to the goal of a 2% annual rate or reignite. The Fed’s minutes echoed public comments officials have made since the meeting. Behind the scenes, officials…