Fed sees continued jobs weakness but inflation worries rise, members have “strongly differing views” on December – Fed Minutes

(Kitco News) – The Federal Open Market Committee (FOMC) once again acknowledged the weakening labor market, but expressed more concern about the impact of lower rates on inflation, and participants voiced “strongly differing views” on what to do at the December meeting, according to the minutes of the Federal Reserve’s October 28-29 meeting released Wednesday afternoon.