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Economy

Fed Officials Hint at Slower Pace of Interest Rate Hikes

Minutes from the latest meeting of the central bank’s policymakers show most favored reducing the size of their interest rate hikes ‘soon.’

The Federal Reserve chairman, Jerome Powell, on June 22, 2022 at the Capitol.

The Federal Reserve chairman, Jerome Powell, on June 22, 2022 at the Capitol. AP/Manuel Balce Ceneta

PAUL WISEMANIMAGE

04:41:27 pm

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PAUL WISEMAN

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