Fed Officials Saw Global Slowdown Risks to U.S. Outlook

The Fed decided to maintain its forward guidance, indicating low rates for a considerable time post-bond buying program. However, some policymakers anticipated faster rate hikes, causing tension. The Minutes revealed concerns about the 'considerable time' language being misinterpreted as a commitment. Some participants favored numerical thresholds for guidance, but challenges in communication were acknowledged. Potential economic threats like a rising dollar and weaker global growth were discussed, along with exit strategies and changes to the reverse repo facility.

What did the Fed decide regarding its forward guidance on interest rates?

What concerns were raised about the language used in the Fed's forward guidance?

What suggestion did one participant make regarding forward guidance?

What potential threats to the economy did the Fed discuss?

What changes to the overnight reverse repo facility were mentioned?