Federal Reserve System – Page 71

Federal Reserve Officials Worried About Risks of Faster Inflation at Last Meeting

Minutes from the Fed’s September meeting showed many were more worried about doing too little to control inflation than too much.

Confusion over whether the central bank will end a debt-buying program as scheduled hit the values of the British pound and government debt.

Employers have been burned by a labor shortage. Will that make them act differently if the economy slows down?

The gain of 263,000 was shy of recent monthly totals but still robust. Stocks fell on fears of a harder, longer Fed campaign to fight inflation.

Despite slowing slightly, wage growth remains strong. Fed officials are likely to see that as a green light to stay focused on cooling the economy.