Fed Officials Diverge on Need for Possible Interest-Rate Cut

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Fed Officials Diverge on Need for Possible Interest-Rate CutTwo other U.S. central bankers sounded more comfortable with the current policy stance. St. Louis Federal Reserve Bank President James Bullard and Chicago Fed President Charles Evans, both policy voters this year, expressed caution Friday over weak prices and said the central bank may have to act to lift inflation out of a persistently low trend.


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