US Fed warns of more rate hikes ...News

The February meeting minutes show that officials are still concerned with inflation despite the recent slowing US inflation is showing signs of slowing, but not enough to allow the Federal Reserve to ease monetary policy, the regulator’s February meeting minutes released on Wednesday show. According to the document, inflation in the country “remained well above” the 2% target, while labor markets “remained very tight, contributing to continuing upward pressures on wages and prices.” “Participants noted that inflation data received over the past three months showed a welcome reduction in the monthly pace of price i

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