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Pressure mounts on Fed to slow 'alarming pace' of rate hikes

Por: Politico Business November 02, 2022

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Federal Reserve Chair Jerome Powell is in a full-on sprint to push interest rates high enough to curb inflation. From Washington to Wall Street, he’s hearing an increasingly loud cry: Slow down. With the Fed poised to deploy another supersized rate hike on Wednesday, financial markets are showing signs of strain, the housing market is reeling from the highest mortgage rates in two decades and economists are cranking up their forecasts for a... + full article



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