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Fed minutes show officials wary about the outlook and wanting to move carefully

News Room by News Room
October 16, 2023
Reading Time: 1 min read
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Fed minutes show officials wary about the outlook and wanting to move carefully

Minutes of the Federal Reserve’s September policy meeting show that officials were “highly uncertain” about the future path of the economy and decided to proceed in a careful meeting-by-meeting approach to interest-rate policy.

“A vast majority of participants continued to judge the future path of the economy as highly uncertain,” the minutes said.

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  • Inflation increased slightly on an annual basis in May
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