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Fed officials concerned about slow pace of inflation at July meeting

Uncertain tone of minutes suggests the Fed is less likely to start raising rates in mid-Sept, say analysts
Friday, August 21, 2015 - 05:50

Washington

FEDERAL Reserve officials are struggling to get comfortable with the persistent sluggishness of price inflation as they move towards raising interest rates later this year.

Officials at the Fed's most recent meeting in July said that they were almost ready to raise rates