Fed Officials Last Month Worried Trade War Could Curb Hiring, Consumer Spending

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Fed Officials Last Month Worried Trade War Could Curb Hiring, Consumer Spending
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Fed officials worried slowing global growth and trade uncertainty could exert a drag on hiring and the U.S. economy when they cut rates last month

Between officials’ meeting in late July and in mid-September, “a clearer picture of protracted weakness in investment spending, manufacturing production and exports had emerged,” said minutes of the Sept.

17-18 policy meeting, which were released on Wednesday.
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