Is it a “skip” or a “pause”? Federal Reserve won’t likely raise rates next week but maybe next month. – The Denver Post
WASHINGTON — When an increasingly fractious committee of Federal Reserve policymakers meets next week, Chair Jerome Powell will need to forge a consensus. One group of Fed officials would like to pause their relentless campaign of rate increases after 10 straight hikes to allow time to look around and assess whether higher borrowing rates are slowing inflation. But a second […]
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