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Fed worries about international risks to US economy

The US Federal Reserve in Washington, DC is seen on December 10, 2013The Federal Reserve worried about foreign risks to the US economy but could raise interest rates despite weaker-than-desired inflation, according to the minutes of the last meeting published Wednesday. “Many participants regarded the international situation as an important source of downside risks to domestic real activity and employment,” said the minutes of the December 16-17 meeting of the Federal Open Market Committee (FOMC).

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