FED Still Plans More Rate Hikes, Just Not Big Ones
View Source | November 24, 2022 9:31 am
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- Federal Reserve officials expect to switch to smaller interest rate increases “soon,” according to minutes from the November meeting released Wednesday.
- Some officials expressed concern over the impact rate increases could have on financial stability and the economy.
- Markets have largely expected the Fed to dial down the intensity of its policy tightening, and the minutes helped confirm that.
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