The Federal Reserve has made significant changes to the economic outlook, but the interest rate expectations have yet to be reflected. Inflation is expected to rise, and 18 officials believe the risks of inflation are increasing, with action likely to be taken only when economic growth slows.
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The Federal Reserve has made significant changes to the economic outlook, but the interest rate expectations have yet to be reflected. Inflation is expected to rise, and 18 officials believe the risks of inflation are increasing, with action likely to be taken only when economic growth slows.