Powell signals Fed may slow pace of rate hikes next week

By Zach Halaschak

Published November 30, 2022 7:45pm ET

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Powell signals Fed may slow pace of rate hikes next week — Federal Reserve Chairman Jerome Powell said that the central bank may slow its aggressive interest rate hiking at next week’s Fed meeting. Powell said in an appearance at the Brookings Institution in Washington that while he thinks the Fed will need to continue raising rates, it may ease off the gas a bit to gauge […]

Federal Reserve Chairman Jerome Powell said that the central bank may slow its aggressive interest rate hiking at next week’s Fed meeting.

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Federal Reserve Inflation Interest Rates Jerome Powell Monetary Policy