Daily Business News
Wednesday, November 15, 2006
  Fed sees cutting inflation as greatest concern (Reuters)

Fed Governors at a Federal Open Market Committee meeting in Washington March 28 2006. Reducing inflation to counter any expectations of higher prices was the Fed's greatest concern when policy-makers met last month according to minutes of the talks released on Wednesday. (U.S. Federal Reserve/Handout/Reuters)Reuters - U.S. Federal Reserve officials worried last month that inflation might not recede as hoped and an inflationary psychology could set in making their job tougher according to meeting minutes released on Wednesday.


 
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