Fed Official Expresses Doubts Over Pause in Rate Rises, Signals Support for Further Tightening

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Source: Financial Times
TL;DR Summary

A senior Federal Reserve official has expressed doubts over the central bank's decision to pause interest rate rises in the US, citing concerns over the economic outlook. The comments come as the Fed prepares to meet next week to discuss monetary policy. The official's remarks suggest that the central bank may be more open to raising rates again in the near future.

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