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Federal Reserve Chair Powell hints at a pause in rate hikes when central bank meets next month

Por: Associated Press Business May 19, 2023

WASHINGTON (AP) — Chair Jerome Powell indicated Friday that the Federal Reserve will likely forgo an increase in its benchmark interest rate when it meets in June for the first time since it began raising its key rate 14 months ago to fight high inflation.In signaling so, Powell provided some clarity about the Fed’s likely next policy move after had clouded the picture. “Having come this far, we can afford to look at the data and the... + full article



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