Federal Reserve minutes: Some officials highlight worsening inflation last month

FEDERAL RESERVE Board chair Jerome Powell speaks during a news conference the Federal Reserve in Washington Some Federal Reserve policymakers argued at their most recent meeting in March that inflation was likely worsening, even before the government reported Wednesday that price increases re-accelerated last month. / ASSOCIATED PRESS FILE PHOTO/ SUSAN WALSH

WASHINGTON (AP) – Some Federal Reserve policymakers argued at their most recent meeting in March that inflation was likely worsening, even before the government reported Wednesday that price increases re-accelerated last month. According to the minutes of the Fed’s March 19-20 meeting released Wednesday, all 19 officials generally agreed that high inflation readings in January

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