'Substantial majority" of Fed officials see rate hikes slowing 'soon,' minutes show

'Substantial majority' of Fed officials see slowdown in rate hikes 'soon'

A "substantial majority" of policymakers at the Federal Reserve's meeting early this month agreed it would "likely soon be appropriate" to slow the pace of interest rate hikes as debate broadened over the implications of the U.S. central bank's rapid tightening of monetary policy, according to the minutes from the session.

12 days ago·United Kingdom

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Associated Press News

Most Fed officials at last meeting backed slower rate hikes

Most Federal Reserve officials at their last meeting favored reducing the size of their interest rate hikes “soon’’— just before raising their benchmark rate by a substantial three-quarters of a

12 days ago·United States

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abc News

Most Fed officials at last meeting backed slower rate hikes

Most Federal Reserve officials at their last meeting favored reducing the size of their interest rate hikes “soon’’— just before raising their benchmark rate by a substantial three-quarters of a point for a fourth straight time

12 days ago·United States

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New York Times

Fed Officials Discussed Slowing Interest Rate Increases ‘Soon’

The central bankers discussed the need to slow rate increases soon at their last meeting, while signaling that they are likely to raise borrowing costs higher.

12 days ago·New York, United States

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