FOMC minutes: Participants saw upside risks to inflation as having diminished ...Middle East

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FOMC minutes: Participants saw upside risks to inflation as having diminished
Participants viewed policy rate as likely near its peakMembers generally viewed addition of 'any' to statement as an indication that rates likely near peak'A number' of participants highlighted uncertainty around how long restrictive policy would need to be maintainedThose participants pointed to downside risks to economy associated with an overly-restrictive stance This article was written by Adam Button at www.forexlive.com.

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