File photo: The U.S. Federal Reserve Building stands in Washington Homme ECCO Intrinsic Noir Sandales Soldes , D. C., capital of the United States, Dec 14, 2016.(XinhuaBao Dandan)
WASHINGTON, Jan. 3 (Xinhua) -- U.S. Federal Reserve officialswere divided over the pace of rate hikes in 2018 Homme ECCO Intrinsic Sandales Noir Soldes , according to theminutes of the Fed's latest monetary policy meeting.


"Most participants reiterated their support for continuing agradual approach to raising the target range, noting that thisapproach helped to balance risks to the outlook for economicactivity and inflation," said the minutes of the Fed's Dec. 12-13meeting released on Wednesday.


At that meeting, the Fed raised its target range for the federalfunds rate to 1.25-1.5 percent, the third rate hike of 2017. Fedofficials' medium forecast for the benchmark interest rate alsosignaled that there were three more rate hikes in 2018.


But the minutes showed that two groups of Fed officials were notcomfortable with this forecast. One group believed that three ratehikes this year might be too aggressive and could prevent a"sustained" return of inflation to the Fed's 2 percent target. Theother group thought that the forecast of three rate hikes were tooslow.


"They noted that financial conditions had not materiallytightened since the removal of monetary policy accommodation began Homme ECCO Cruise Sandales Noir Soldes ,that continued low interest rates risked financial instability inthe future, or that the labor market was increasingly tight," theminutes said.


The minutes also showed that Fed officials were unsure of theeconomic impact of the 1.5-trillion-U.S. dollar tax cuts packageapproved by Congress last month.


"Many participants judged that the proposed changes in businesstaxes, if enacted, would likely provide a modest boost to capitalspending Homme ECCO Irving Fisherman Sandales Noir Soldes , although the magnitude of the effects was uncertain," theminutes said.


The Fed will hold its next policy meeting on Jan. 30-31. About66 percent of economists polled by the Wall Street Journal lastmonth expected that the central bank would wait until March toincrease interest rates. Enditem

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SRINAGAR, Indian-controlled Kashmir, Nov. 3 (Xinhua)-- Diwali Homme ECCO Classic Moc 2.0 Loafer Marine Soldes , the Hindu festival of lights is being celebrated Sunday across Indian-controlled Kashmir along with other Indian states with traditional enthusiasm and religious fervor.


Hindus living in Srinagar, the summer capital of Indian- controlled Kashmir and other towns thronged markets wearing new clothes to purchase firecrackers, candles, earthen lamps and confectioneries.


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