Fed unlikely to cut rates - Washington Post

Faced with slowing economic growth and an uncertain short-term economic outlook, a number of Federal Reserve officials have concluded that the risk of serious weakness in the economy is as great as the risk that inflation will get worse, the Washington Post reported Friday. But none of the Fed officials suggested there was, as yet, any urgent need to cut rates, wrote the Post's John Berry, citing interviews with Fed officials in recent weeks.

The officials, who meet Tuesday as the Federal Open

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