Fed on Track for Rate-Hike Downshift

Fed on Track for Rate-Hike Downshift

(Bloomberg) — Federal Reserve policymakers are on track to downshift to smaller interest-rate increases at their next meeting following a further cooling in US inflation, though they’re unlikely to pause until prices show more definitive evidence of stabilizing.Most Read from BloombergPhiladelphia Fed President Patrick Harker, speaking Thursday morning shortly after the Labor Departm …

The post Fed on Track for Rate-Hike Downshift appeared first on Populist Press ©2022.

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