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Inflation concerns rose at US Fed's July meeting, minutes show; policymakers insisted on rate hike - The Economic Times
Federal Reserve policymakers expressed concern over inflation at their last meeting. Many officials indicated a rate hike would be necessary if inflation persists. The Fed held interest rates steady, but three dissented in favor of an increase. Discussions also covered potential overhauls of the Fed's operational procedures. Investors anticipate potential rate hikes later this year.
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