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Federal Reserve chair hints at a pause in rate hikes when central bank meet next month

Por: NBC News Business May 20, 2023

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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 a cacophony of speeches this week by central bank officials had clouded the picture. “Having come this far, we... + full article



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