FOMC Minutes, 22 March

Minutes from the Federal Reserve's 22 March meeting published on Tuesday 13 April revealed FOMC members saw higher inflation risks and debated whether to dump language about sticking to a "measured" pace of rate increases.

"Many participants indicated that their uncertainty about the intensity of inflation pressures had risen," the minutes said.

But Fed policymakers largely remained confident that inflation would remain under control, given strong productivity gains, steep competition and

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