Fed signals possible pause after latest quarter-point hike
The Fed raised interest rates by a quarter percentage point Wednesday, but the FOMC statement no longer included a line about anticipating 'additional policy firming.'
The Federal Reserve raised interest rates by a quarter percentage point and hinted it may be the final move in the most aggressive tightening campaign since the 1980s as economic risks mount.
“The committee will closely monitor incoming information and assess the implications for monetary polic
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