Courtesy of the Wall Street Journal (and ungated to boot!) comes this cheatsheet of recent comments from the various officials who whill be deliberating at the meeting
Officials heading into this week's policy meeting have recently offered nuanced guidance about the outlook for interest rates:
- They've made clear they won't raise their benchmark short-term rate from near zero this week
- Many indicated they still expect to move some time this year
- But they haven't provided much guidance on when exactly that first rate increase is likely to occur, other than to say it will depend on the economy's health.
