Fed minutes -- Debate over inflation, Trump

Washington • Federal Reserve officials last month struggled to come to grips with two big uncertainties facing the U.S. economy — whether it would be safe to let inflation rise faster for a while and how to assess the impact of President Donald Trump’s ambitious economic stimulus plans. Minutes of the Fed’s discussion at their March meeting released Wednesday showed near-unanimous support for the quarter-point increase in its key policy rate, the second rate hike in three months. But there was l...

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