2024-05-22 18:53:09

Federal Reserve Officials Express Concerns Over Persistent Inflation, Remain Cautious on Rate Cuts

Federal Reserve officials have grown increasingly worried about the stubborn nature of inflation, as revealed in the minutes from the April 30-May 1 policy meeting of the Federal Open Market Committee (FOMC). The minutes, released on Wednesday, indicated that policymakers lacked the confidence to move forward with interest rate reductions due to the lack of

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