As Fed signals rate pause, Powell will have to placate hawks

Time to read
3 minutes
Read so far

As Fed signals rate pause, Powell will have to placate hawks

Tue, 06/13/2023 - 04:48
Posted in:
Federal Reserve officials are ready to take a breather after more than a year of driving up interest rates, a move that’s likely to be accompanied by a strong signal that they’re prepared to keep hiking if needed. Policymakers are expected to leave rates in a range of 5% to 5.25% at their meeting Tuesday and Wednesday, allowing them to take stock of the outlook following recent strains in the…

Premium Content is available to subscribers only. Please login here to access content or go here to purchase a subscription.