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Fed minutes: Officials deeply divided over future path of US inflation

Fed minutes: Officials deeply divided over future path of US inflation
Photo: KSAT 12 (ABC) - San Antonio News · view original

The Federal Reserve's rate-setting committee is split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday. In the first set of minutes released under new chair Kevin Warsh, “many” of the Fed's 19 officials...

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