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More on Sep FOMC Minutes

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Elevated inflation still considered transitory. "Overall financial conditions remain accommodative, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses".
  • Outright peripheral mention of Covid up from August as the "path of the economy continues to depend on the course of the virus. Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain."

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