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seanteoh
417 posts
Posted by seanteoh > 2018-04-12 06:54 | Report Abuse
Federal Reserve officials at their most recent meeting saw an economy growing at a strong pace and inflation moving up as well, justifying continued interest rate increases.
Minutes from the March gathering of the Federal Open Market Committee showed central bankers largely hopeful about the direction in which the economy was headed, though with a few misgivings.
The meeting summary noted that "all participants" expected both the economy to strengthen and inflation to rise "in coming months." The general sentiment likely fuels belief that the Fed will continue on its path of rate hikes.