NEW YORK - In the headlines this afternoon, new worries about inflation are shaking up Wall Street.
Minutes from the Dec. 14 meeting of the U.S. Federal Reserve Open Market Committee show some members feared possible inflation, citing higher energy costs, a weaker dollar and a slowdown in productivity. The news sparked concerns about interest rate hikes and sent the Dow tumbling and the Nasdaq to its lowest level in five months.
Aanalisa burgos (forbes Colunist)
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