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Federal Reserve minutes cite ‘diminished’ inflation risks

Howard Schneider

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Washington | US Federal Reserve officials appeared increasingly convinced at their meeting last month that inflation was coming under control, with “upside risks” diminished.

They also signalled a growing concern about the damage “overly restrictive” monetary policy might do to the economy, minutes of the central bank’s December 12-13 policy meeting show.

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Reuters

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    Original URL: https://www.afr.com/link/follow-20180101-p5ev23