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Price pressures are not going away quietly.
Minutes from Kevin Warsh's first Federal Reserve meeting show officials voicing sustained concern that inflation remains high, a picture that gives the new Fed chair little room to project comfort on rates.
What the minutes showed The case for patience is getting harder to build inside the Federal Reserve.
Last month's meeting minutes, now public, highlighted what officials described as lingering concern about price pressures. Lingering is the operative word.
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