Some Fed officials worry that inflation would fall short of their target
Some Federal Reserve officials see a sizeable risk that inflation could fall short of their 2% target, according to the minutes of their most recent policy meeting released on Wednesday.
At the January 30-31 meeting, which was the last under former Fed Chair Janet Yellen, the Federal Open Market Committee left interest rates unchanged, as expected. But its statement updated the language on inflation, indicating that the Fed expected prices "to move up this year."
Inflation has
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