Fed officials see grounds for soon slowing rate-hike pace ...Qatar

Gulf Times - News
Fed officials see grounds for soon slowing rate-hike pace
The Federal Reserve looked closer to moderating aggressive interest-rate increases after welcome news on inflation, with four officials backing a downshift even as they stressed that monetary policy needs to stay tight. “While I believe it may soon be appropriate to slow the pace of rate increases so we can better assess how financial and economic conditions are evolving, I also believe a slower pace should not be taken to represent easier policy,” Dallas Fed President Lorie Logan told a conference hosted by her bank in Houston on Thursday. Data released on Thursday showed consumer prices cooling by more than expected in October, with the consumer price index rising 7.7% from a year earlier

Hence then, the article about fed officials see grounds for soon slowing rate hike pace was published today ( ) and is available on Gulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Fed officials see grounds for soon slowing rate-hike pace )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News