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18.10 - 19:37
Two Fed Officials Make Case for Caution With Future Interest Rate Raises
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Two Federal Reserve officials began laying out a case for exercising caution in raising interest rates after policy makers last month telegraphed plans to continue lifting rates at their fastest pace in decades to reduce inflation that has reached 40-year highs.
Fed Vice Chairwoman Lael Brainard noted how previous rate increases, together with anticipated further rate increases, will slow the economy in ways that can’t be observed yet during a speech Monday at a conference of business economists in Chicago.
Read more on wsj.comAbout this in other media
Latest US inflation data raises questions about Fed’s interest rate hikes theguardian.com /1 year ago
Inflation Report Seals Case for 0.75-Point Fed Rate Rise in November wsj.com /1 year ago
Fed officials expect higher rates to stay in place, meeting minutes show cnbc.com /1 year ago
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