- Indexes: Dow -0.75%, S&P 500 -0.52%, Nasdaq -0.21%
May 19 (Reuters) - Wall Street's main indexes remained lower on Wednesday after Fed minutes showed participants agreed the U.S. economy remained far from the Fed's goals, with some eyeing a future discussion of tapering.
A number of Fed policymakers thought that if the economy continued rapid progress, it would become appropriate "at some point" in upcoming meetings to begin discussing a tapering of monetary policy measures.
A couple of Fed policymakers raised concerns that inflation will rise to "unwelcome" levels before the case for policy action becomes sufficiently evident.
Strong inflation readings and signs of a worker shortage in recent weeks have fueled fears of inflation and roiled stock markets despite reassurances from Fed officials that the rise in prices would be temporary.
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