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In the FOMC Minutes, the staff's outlook for inflation was revised down slightly in the near term in response to recent data for consumer prices and the further decline in crude oil price; over the medium term, the projection was little revised. Inflation would rise gradually over the next several years and reach the objective of 2% by end of 2018.
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.