Minutes show Fed worried over deflation

The Federal Reserve cut interest rates last month as extra insurance against deflation and the chance that the economy's stumble this summer could become something worse, according to Fed meeting minutes released on Thursday.

The meeting notes are a prime source for economic analysts to understand the reasons behind recent Fed actions and potential problem areas in the economy.

According to the minutes of the Federal Open Market Committee (FOMC) meeting on November 6, last month's half-point ra

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