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Fed Vice Chair Brainard is 'reassured' by inflation report

Por: ABC News Business November 24, 2022

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WASHINGTON -- Federal Reserve Vice Chair Lael Brainard said Monday that she was encouraged by last week's U.S. inflation report, which pointed to slower price increases, and said the Fed would likely soon reduce the size of its interest rate hikes.“The inflation data was reassuring, preliminarily, Brainard said. “It will probably be appropriate, soon, to move to a slower pace of rate increases.”Brainard's comments, during a... + full article



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