2% Inflation 'Most Consistent' Over Long Run; 11 of 17 Fed Officials Sees Main Rate Above 0.25% in 2014

January 25, 2012 2:02 PM EST Send to a Friend
Fed 2012 growth estimate lowered from 2.5-2.9% in November to 2.2-2.7%, 2% inflation "most consistent" in long run with mandate. 11 of 17 Fed officials see main rate above 0.25% in 2014. 6 of 17 officials see no rate increase before 2015.


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