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Federal Reserve minutes: If the economy is strong, policies can be kept at restrictive levels

Internet reports that the minutes of the Federal Reserve's January monetary policy meeting showed that all participants believed that it was appropriate to keep the target interest rate unchanged. If the economy is strong, policies can be kept at restrictive levels. Some participants mentioned that potential changes in trade and immigration policies could hinder the process of falling inflation; several participants said that it seemed that the risk of achieving the inflation target was greater than the risk of achieving the employment target; and the overall inflation risk was tilted upward. The vast majority of participants judged that the risks faced by the dual mission goals were basically balanced.

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