October 20, 2021

FOMC minutes: Fed officials still worried about U.S. economy

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(Kitco News) – Federal Reserve monetary policy and the likely tapering of the central bank’s bond-buying program (quantitative easing) remain near the front burner of the general marketplace.

Wednesday afternoon’s minutes from the last FOMC meeting in July saw the central bank officials reiterate they would discuss the timing of tapering of monetary policy in the coming meetings. On the inflation front, the Fed reported it saw unexpectedly strong inflation surges in some parts of…

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