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America in focus: Fed officials eye higher rates; unemployment claims fall
Federal Reserve officials consider higher interest rates if inflation persists. Mortgage rates have eased slightly but remain higher than last year. US unemployment claims declined, indicating continued job security for most. Stock markets saw gains after a volatile week of trading. Bond market yields stabilized somewhat, contributing to calmer financial conditions.
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economictimes.indiatimes.com
Inflation concerns rose at US Fed's July meeting, minutes show; policymakers insisted on rate hike
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…
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apnews.com
America In Focus: Fed officials eye higher rates; unemployment claims fall
Many Federal Reserve officials think the central bank will have to lift its key short-term interest rate in the coming months if inflation doesn’t subside, minutes of the Fed’s…
