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Fed saw ‘significant’ inflation risk that may merit more hikes

Por: Portland Press Herald World August 17, 2023

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Federal Reserve officials at their last meeting largely remained concerned that inflation would fail to recede and suggested they may continue raising interest rates. “Most participants continued to see significant upside risks to inflation, which could require further tightening of monetary policy,” according to minutes of the U.S. central bank’s July 25-26 policy meeting published Wednesday in Washington. “Some participants commented... + full article



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