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Rate-hike slowdown possible in December: Fed chairman

Por: New York Post Business December 01, 2022

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The Federal Reserve could scale back the “as soon as December,” Fed Chair Jerome Powell said Wednesday, while cautioning the was far from over and that key questions remain unanswered, including how high rates will ultimately need to rise and for how long. “It makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down. The time for moderating the pace of... + full article



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