While you were sleeping: Fed worries about inflation

Wed, 11 Oct 2017

By Margreet Dietz Oct. 12 (BusinessDesk) - Wall Street inched higher, with the Dow touching another record high, amid optimism that the latest round of US corporate earnings will justify valuations. Minutes, released on Wednesday, from the Federal Reserve’s September 19-20 meeting showed that the Federal Open Market Committee was concerned about low inflation readings, though still expected to increase interest rates once more this year. “Many participants expressed concern that the low inflation readings this year might reflect not...

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