Image: ABC NewsFed minutes: Officials deeply divided over future path of US inflation - ABC News
• The Federal Reserve's rate-setting committee decided to keep its key interest rate unchanged during its most recent meeting. • Officials remain deeply divided on the future of U.S. inflation, debating whether it will stay elevated or cool down following the conclusion of the Iran war. • New data from the Federal Reserve Bank of New York shows consumer inflation expectations for one year ahead rose to 3.7%, the highest level in nearly three years.
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