Washington (AFP) – Federal Reserve officials stressed “patience” in waiting to raise interest rates, worrying about weaker foreign economic growth and the stronger dollar, minutes of their September policy meeting showed Wednesday.Participants at the Federal Open Market Committee meeting discussed their concerns about the stronger dollar amid stuttering growth in the eurozone, slowdowns in China and Japan and elevated geopolitical risks.The greenback in particular had firmed against the euro, the yen and the British pound.”Some participants expressed concern that the persistent shortfall of economic growth and inflation in the euro area could lead to a further appreciation of the dollar …read more
Source: Business Insider
