FOMC Minutes See Rates "Appropriate", Warn Of "Elevated" Asset Levels, Suggest 'NotQE' Tapering Imminent

Feb 19th 2020 2:04pm EST

FOMC Minutes See Rates “Appropriate”, Warn Of “Elevated” Asset Levels, Suggest ‘NotQE’ Tapering Imminent Since The Fed’s statement on January 29th, the severity of the Covid-19 virus has escalated exponentially, economic data has disappointed (even before the virus’ impact), companies have issued widespread warnings about their outlooks (due to China-driven consumption slumps and supply-chain disruptions)… […]

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