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Federal Reserve officials acknowledged that the policy path ahead is “less clear” after approving an interest rate hike at their December meeting.Minutes released from the meeting showed the rate hike came with reluctance from a few members who thought the lack of inflationary pressures argued against another increase.

China’s new economic measures announced on Monday — to increase liquidity and offering nearly $200 billion to local governments so they can spend on infrastructure — signals priorities shifting from slashing debt to weathering the trade war with the U.S.