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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
Add BT as a preferred sourcePublished Thu, Aug 20, 2015 · 09:50 PM
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 because they expected the economy's continuing upward trajectory to eventually push prices up, too, according to an official account of the meeting published by the Fed on Wednesday.
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