Fed Officials Signal Rate Hike with Potential Pause as Inflation Remains a Concern

1 min read
Source: Bloomberg
Fed Officials Signal Rate Hike with Potential Pause as Inflation Remains a Concern
Photo: Bloomberg
TL;DR Summary

The Federal Reserve officials are planning to increase interest rates by a quarter percentage point next month and may signal a potential pause from the steepest hiking campaign in decades. Despite the hawkish and dovish ends of the spectrum stressing that inflation is still too high and the US central bank has more work to do, there is also concern that recent bank failures will slow the economy.

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