The New York Times
By Binyamin Appelbaum, Jan. 9, 2019

WASHINGTON — A pair of influential Federal Reserve officials said Wednesday that the central bank should pause to assess economic conditions before considering additional interest rate increases, reinforcing the message delivered last week by the Fed chairman, Jerome H. Powell.

The Fed on Wednesday also published an account of its most recent meeting, in December, which showed that most Fed officials had already reached a similar conclusion at that time.

Taken together, the speeches and the meeting minutes signal that the Fed will not raise its benchmark interest rate at its January meeting and that it is unlikely to do so at the following meeting, in mid-March.

But most Fed officials still expect that economic growth will be strong enough to justify rate increases later in the year. Read more.