U.S. central bank officials last month expressed concern that skyrocketing inflation could take hold and reiterated their commitment to keep raising interest rates to ease price pressures, according to the report. minutes of their last political meeting published on Wednesday.
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At the monetary policy committee meeting in June, they lamented
"that inflationary pressures have not yet shown signs of abating"
, meaning that the rise in prices could be
"more persistent than they expect". 'had previously planned'
, according to the document, the famous 'Minutes' of the Federal Reserve (Fed).
