Policymakers have become split over how to address signs of strain on a still solid American economy.
Federal Reserve officials have grown increasingly concerned that ongoing trade tensions with China could begin to weigh on some of the brightest spots in the US economy. They said uncertainty from tariffs could begin to ripple through to hiring and consumer spending, meeting minutes out Wednesday afternoon showed. The FOMC has become divided over policy since it lowered interest rates to a target range of 1.75% to 2% last month. Visit Business Insider's homepage for more stories.
Federal Reserve officials have grown increasingly concerned that ongoing trade tensions with China could begin to weigh on some of the brightest spots in the US economy. They said uncertainty from tariffs could begin to ripple through to hiring and consumer spending, meeting minutes out Wednesday afternoon showed. The FOMC has become divided over policy since it lowered interest rates to a target range of 1.75% to 2% last month. Visit Business Insider's homepage for more stories.
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