fed minutes, 2018-05-02
Participants generally agreed that it would be desirable to make that adjustment at a time when the FOMC decided to increase the target range for the federal funds rate; that timing would simplify FOMC communications and emphasize that the IOER rate is a helpful tool for implementing the FOMC's policy decisions but does not, in itself, convey the stance of policy.
Sentiment: neutral
Topic: mp_interest_rate