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Archive Home > 2008 > August > 25 > Fed’s debate over raising interest rates grows louder

Fed’s debate over raising interest rates grows louder

By Louis Uchitelle / The Bulletin
August 25, 2008

JACKSON HOLE, Wyo. — With the decline in oil prices, inflationary pressures are easing for the moment. The Federal Reserve’s policymakers all acknowledge as much. But that has not halted their debate over whether to raise interest rates now to avoid higher inflation in the....

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