Minutes show Fed had deflation worries in March

Policymakers expressed concern about deflation at the Federal Reserve's March meeting of the rate setting FOMC minutes released Thursday showed.

The Associated Press

Federal Reserve policy-makers privately expressed concerns about deflation at their meeting in March, seven weeks before they first raised the issue to the public, according to minutes of the meeting released Thursday.

The Fed's worries about deflation -- a prolonged bout of falling prices -- at its March 18 meeting is noteworthy be

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