Wednesday, August 16, 2017

Fed Officials Split Over Next Rate Increase

Federal Reserve officials meeting in July split over the timing of future interest-rate increases as they struggled to understand why inflation has been so weak in recent months. But they agreed to soon begin the yearslong process of drawing down the central bank’s holdings, according to minutes of the July 25-26 meeting released Wednesday.

from WSJ.com: US Business http://ift.tt/2fLXRJU
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