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Federal Reserve meeting notes: Some participants argued that uncertainty about the level of the neutral interest rate makes it appropriate to gradually reduce policy restrictions

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2024-11-26 19:24:05
Some participants said the Fed could pause easing and keep policy rates at restrictive levels if inflation remains high, Fed meeting notes showed. Easing could accelerate if the labor market weakens or economic activity falters. Many participants at the Fed's Nov. 6-7 meeting said uncertainty about the level of the neutral interest rate made it appropriate to gradually reduce policy restrictions.
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