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Fed officials in no hurry to raise rates
San Jose Mercury News: WASHINGTON -- Federal Reserve officials struggled last month to assess when economic data might prompt them to raise interest rates from record lows -- and how best to convey their intentions to investors.
Minutes of the Fed's Jan. 27-28 meeting released Wednesday suggest that policymakers aren't ready to start raising rates anytime soon, with some expressing concerns about excessively low inflation, lingering weakness in the U.S. job market and economic threats overseas.
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