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Fed minutes show inflation resolve, concern about market optimism

Por: Los Angeles Times Business January 04, 2023

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Federal Reserve officials last month affirmed their resolve to bring down inflation, cautioning that an “unwarranted” loosening of financial conditions would hurt their efforts to achieve price stability. Going into the meeting, markets were pricing in interest-rate cuts in the second half of 2023. “Participants noted that, because monetary policy worked importantly through financial markets, an unwarranted easing in financial conditions,... + full article



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