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US Fed set to conclude meeting amid inflation worries

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Washington (AFP) – Federal Reserve officials were in the final hours of their two-day meeting on Wednesday, and while they may signal that they are monitoring price increases brought about by the US economy’s reopening, analysts expect no major changes in policy. With the country recovering from the massive economic damage caused by the Covid-19 pandemic, the Fed has made clear it will not alter its monetary policy until it sees lasting signs that both employment and inflation have regained lost ground. However, widespread vaccination and huge amounts of government aid have allowed the world’s…

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