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Fed eyes slower rate hikes as recession threat grows

Por: MarketWatch Business November 24, 2022

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“Short of some wild inflation report before the next meeting, 50 basis points sounds very reasonable in December. But the Fed is clearly not finished yet.” The Fed’s economic staff for the first time said a recession was possible in the next year, according to a detailed summary of the bank’s last strategy session in early November. The bank’s previous minutes have not mentioned the possibility of a recession. extended gains after the... + full article



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