Federal Reserve officials held off on raising short-term rates at their September meeting because of worries about when inflation would rise to 2% after running below that target for more than three years.
Similar Stories to Fed's Rate Delay Spurred By Worry Over Low Inflation on Bing News
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Thu, 10/08/2015 - 6:48pm
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BING NEWS:
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WASHINGTON (AP) — Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door ...
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