While you were sleeping: Fed inflation worries deepen

Wed, 16 Aug 2017

By Margreet Dietz Aug. 17 (BusinessDesk) - Wall Street inched higher, while the US dollar fell as minutes from the latest Federal Reserve meeting showed an increased concern about tame inflation, prompting questions whether the central bank will increase interest rates again this year. "Participants discussed the softness in inflation in recent months," according to the minutes from the Federal Open Market Committee’s July meeting, released on Wednesday. "Most participants indicated that they expected inflation to pick up over the ne...

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