FED WOR­RIED ABOUT IN­FLA­TION, MIN­UTES SHOW

USA TODAY International Edition - - MONEY -

Fed­eral Re­serve of­fi­cials at their Septem­ber meet­ing strug­gled to come to terms with per­sis­tently low in­fla­tion. But in the end, they de­cided that they should con­tinue to sig­nal the pos­si­bil­ity of a third rate hike this year. The min­utes re­leased Wed­nes­day show that a group of Fed of­fi­cials wor­ried that low un­em­ploy­ment could re­sult in a quick re­bound in in­fla­tion and that a third rate hike was needed. An­other group be­lieved that no fur­ther in­creases were called for in the near term.

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