Washington, Jan 8, 2025 (AFP) - Several US Fed officials concerned over 'stalled' disinflation: minutes

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2025-01-08

Several senior US Federal Reserve officials raised concerns in December that the fight against inflation may have "stalled" in recent months, according to minutes of the meeting published Wednesday. The central bank voted 11-to-1 last month in favor of cutting interest rates by a quarter point and signaled a slower pace of cuts ahead, raising concerns that interest rates would have to remain higher for longer. The decision was taken against the......

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