Federal Reserve minutes released on Wednesday showed its officials regarded the US economy’s outlook as uncertain in policy meeting held on September 19-20.
Economic data from the past several months suggested that “inflation was slowing”, the minutes said.
At its September meet, the board of governors of the Federal Reserve voted unanimously to maintain the interest rate at 5.4%.
The Fed policymakers also voted unanimously to approve the establishment of the primary credit rate at the existing level of 5.5%.
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Updated: 11 Oct 2023, 11:52 PM IST