Q4- 2018
“We’re in a place where we can be patient and flexible and wait and see what does evolve” Federal Reserve chairman, Powell 1/11/19 regarding future interest rate increases
These comments made by the Fed chairman exemplify the changed position of the Fed. Given the moderating growth of the global economy and some U.S. economic measures, the Fed is signaling that they can now be patient about further increases in interest rates.